Purchase - Law Dictionary Search Results
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
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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,
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