Reductive - Law Dictionary Search Results
simplified employee pension
simplified employee pension : a pension that is funded by employer contributions or through a salary reduction arrangement and that places fewer administrative burdens on the employer than do other plans and allows employer deduction
remittitur
of remittere to send back, remit] 1 a : a procedure under which a court may order the reduction of an excessive verdict ;esp : a procedure in which the court requires the plaintiff to remit the
reduce
n re·duc·ible [-dü-sə-bəl, -dyü-] adj re·duc·ibly adv re·duc·tion [ri-dək-shən] n reduce to practice : to cause to undergo reduction to practice
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qualifying event
death, divorce, or legal separation of the employee, termination from employment for a reason other than gross misconduct, reduction in working hours, and the change in status of a child who ceases to be classified as a
Digestion
The act or process of digesting reduction to order classification thoughtful consideration
prepayment penalty
homeowner who pays one or more monthly payments before the due date. It can also apply to principal reduction payments. Source: U.S. Department of Housing and Urban Development
offset
or balances another claim or amount : set-off [the creditor's own debt was an ] ;also : the reduction or balance achieved by such a claim [ȯf-set] vt : to balance, reduce, or calculate by reference to
mitigation of damages
134 (1994)"] ;also : an affirmative defense based on this doctrine called also avoidable consequences 2 : a reduction in the amount of damages awarded a party
legislative court
Congress under Article I of the U.S. Constitution whose judges are subject to removal from office and salary reduction called also Article I court compare article iii court
homestead credit
homestead credit property tax credit program, offered by some state governments, that provides reductions in property taxes to eligible households. Source: U.S. Department of Housing and Urban Development
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