Life Expectancy - Law Dictionary Search Results
actuarial
actuarial 1 : of or relating to actuaries 2 : relating to statistical calculation esp. of life expectancy ac·tu·ar·i·al·ly adv
graduated payment mortgages
get slowly larger over a period of years, eventually reaching a fixed level and remaining there for the life of the loan. Graduated payment loans may be good if you expect your annual income to increase. Source: … level and remaining there for the life of the loan. Graduated payment loans may be good if you expect your annual income to increase. Source: U.S. Department of Housing and Urban Development
Assessment of damages
the expectancy would probably have lasted: central to that calculation is the probable length of the deceased's working life at the date of death, Uttar Pradesh State Road Transport Corporation v. Krishna Bala, AIR 2006 SC 2688.
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Days of grace
the days of grace. The fourteen to twenty-one days for which insurance companies usually extend a fire or life policy after its expiration, in the expectation that it will be renewed is frequently referred to as days … twenty-one days for which insurance companies usually extend a fire or life policy after its expiration, in the expectation that it will be renewed is frequently referred to as days of grace for payment of the premium.
Impossible
Mugneeram Bangur, AIR 1954 SC 44 (46). (Contract Act, 1872, s. 56) Means in the language of everyday life a thing is impossible when according to the ordinary course of human events, no expectation can be entertained … language of everyday life a thing is impossible when according to the ordinary course of human events, no expectation can be entertained that it will happen, Shephard v. Kottgen, (1877) 47 LJQB 67.
Justices
justice for a county had to have an estate of freehold, copyhold, or customary tenure, in fee, for life, or a given term, of the yearly value of 100l., or a reversion or remainder expectant upon such … fee, for life, or a given term, of the yearly value of 100l., or a reversion or remainder expectant upon such lease as in the Act mentioned, with reserved rents of the clear yearly value of 300l.
Primer seisin
in immediate possession; and half a year's profits, if they were in reversion, expectant on an estate for life. It was incident to socage-tenants in capite, as well as those who held by knight-service. It was abolished … the lands, if they were in immediate possession; and half a year's profits, if they were in reversion, expectant on an estate for life. It was incident to socage-tenants in capite, as well as those who held
Release
absence of privity. (c) By extinguishment, as the lord releasing his seigniorial rights to his tenant, or a life tenant having conveyed a greater estate than he owns, the expectant releasing his right to the tenant's grantee. … seigniorial rights to his tenant, or a life tenant having conveyed a greater estate than he owns, the expectant releasing his right to the tenant's grantee. A release of all demands extinguishes all actions and titles, and
Tail after possibility of issue extinct, Tenant in
after possibility, etc., of a remainder as well as of a possession. And thus, if a lease for life be made, remainder to husband and wife in special tail, and the husband die without issue, now is … waste. (2) The estate is liable to forfeiture. (3) It will merge in a fee-simple of fee-tail, immediately expectant thereon. (4) The reversioner or remainder-man shall be received upon the tenant's default. (5) The tenant has the
Insurance
marine policies. The interest of the insured must exist (a) marine insurance, at the time of loss; (b) life, at time of effecting the insurance; (c) fire, through-out the period insured. Insurance generally provide either against risks … Act renders void any policy of marine insurance in which the insured has not an 'insurable interest,' or expectation of such interest, as being in the nature of gaming or wagering. (English) The Marine Insurance Act, 1745,
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