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Merger

Merger [fr. mergo, Lat., to sink], an annihilation, by act of law, of a particular in an expectant estate consequent upon their union in the same person without an intervening estate in another person--thus accelerating into possession the expectant which swallows up the particular estate. It is the drowning of one estate in another, and differs from suspension, which is but a partial extinguishment for a time; while extinguishment, properly so termed, is the destruction of a collateral thing in the subject itself out of which it is derived. 'In order that there may be a merger, the two estates which are supposed to coalesce must be vested in the same person at the same time and in the same right' [Re Radcliffe, (1892) 1 Ch 231, per Lindley, LJ]. An estate tail, however is an exception to the rule; for a man may have in his own right both an estate tail and a reversion in fee; and the estate tail, though a less estate, will not merge in the fee, 2 Bl. Com. 177.The doctrine of merger pr...


Valuation

Valuation, is a process which does not end on marks being awarded by an examiner, Sanjay Singh v. U.P. Public Service Commission, (2007) 3 SCC 720.Means the act or process of valuing, Jensen v. Jensen, 458 NW 2d 391 (1990).This term is generally applied to the equivalent in money of any kind of property. Thus for the payment of estate duty, a valuation of property of all kinds has to be made. Perhaps the most important and the most difficult valuation is that of land. This has almost invariably to be undertaken whenever land is compulsorily acquired. The difficulties that surround this question were fully considered in the case of Re Lucas and Chesterfield Gas and Water Board, (1909) 1 KB 16, in which Lord Justice Moulton in the course of his judgment said (at p. 29):-'The principles upon which compensation is assessed when land is taken under compulsory powers are well-settled. The owner receives for the lands he gives up their equivalent-that is, that which they are worth to him in m...


debenture

debenture [Anglo-French debentour and Medieval Latin debentura, perhaps from Latin debentur they are owed] : an unsecured bond that is backed by the issuer's general credit rather than a specific lien called also debenture bond see also indenture compare mortgage bond at bond NOTE: Debentures are often convertible to stocks. ...


lodestar

lodestar [perhaps from the notion of the lodestar as a guiding light or principle] : the amount obtained by multiplying the reasonable amount of hours spent by an attorney working on a case by the reasonable hourly billing rate for purposes of calculating an award of attorney's fees ...


pen register

pen register [perhaps from the original use of a pen to mark the dots or dashes used in counting the numbers dialed] : a device that registers the numbers dialed from a telephone compare wiretap NOTE: A court order is always required for the use of a pen register in a criminal investigation, but such use has not been considered a search or interception of communication by the U.S. Supreme Court. Some states have disagreed and discern a privacy interest in such information. ...


reprieve

reprieve re·prieved re·priev·ing [alteration of earlier repry to send back (to prison), return to custody, perhaps from Anglo-French repris, past participle of reprendre to take back, from Old French] : to delay the punishment of (as a condemned prisoner) n 1 a : the act of reprieving : the state of being reprieved b : a formal temporary suspension of the execution of a sentence esp. of death as an act of clemency 2 : an order or warrant of reprieve ...


bdellium

An unidentified substance mentioned in the Bible Gen ii 12 and Num xi 7 variously taken to be a gum a precious stone or pearls or perhaps a kind of amber found in Arabia...


Belike

It is likely or probably perhaps...


Blue skylaw

A law enacted to provide for the regulation and supervision of investment companies in order to protect the public against companies that do not intend to do a fair and honest business and that offer investments that do not promise a fair return so called because the promises made by some investment companies are as boundless or alluring as the blue sky or perhaps because designed to clear away the clouds and fogs from the simple investors horizon...


Cahincic

Pertaining to or derived from cahinca the native name of a species of Brazilian Chiococca perhaps Chiococca racemosa as cahincic acid...


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