Skip to content

Purchase - Law Dictionary Search Results

Research workspace

Save terms and build your research trail

A free trial unlocks notes, tags, search history, and the full AI Studio desk for judgment research.

freddie mac

freddie mac Federal Home Loan Mortgage Corporation (FHLM); a federally chartered corporation that purchases residential mortgages, securitizes them, and sells them to investors; this provides lenders with funds for new homebuyers. Also

generic term

generic term Terms that the relevant purchasing public understands primarily as the common or class name for the goods or services. These terms are incapable

good

documents, instruments, accounts, chattel paper, general intangibles, and minerals or the like before extraction consumer goods : goods purchased primarily for personal, family, or household uses du·ra·ble goods : consumer goods that last and are used for

Keep your definitions linked to case research

good faith

advantage [filed the suit in good faith] [negotiating in good faith] see also good faith exception, good faith purchaser compare bad faith NOTE: The meaning of good faith, though always based on honesty, may vary depending on

infringement

that it is likely to deceive or to cause confusion or mistake on the part of the average purchaser. Infringement of a copyright involves the copying of a material and substantial portion of the protected work. If

interplead

Old French plaidier] vt : to bring (adverse claimants) into court by interpleader [the defendants can injured stock purchasers if they fear the latter may have a superior claim…to the agents' illicit profits "R. C. Clark"] compare

standstill agreement

a party agrees to refrain from taking further steps to acquire control of a corporation (as by additional purchases of stock)

surplus line

do business in the state except through a specially licensed broker NOTE: Surplus line insurance can only be purchased if efforts to acquire suitable insurance from authorized companies are unsuccessful.

Bear

Exchange to denote one who has sold stocks or share he does not possess in the hope of purchasing them at a lower price before the time arrives for completion of his contract by delivery of the

Actually delivered

mean physical delivery of the goods, or such action as puts the goods in the possession of the purchaser, it does not contemplate mere symbolical or national delivery e.g. by entrusting the goods to a common carrier,

  • Last »

Try the research workspace - 7 days free


AI Briefs · Semantic Search · Save & annotate judgments

Start your 7-day free trial