Legal Word of the Day
Minister
a government representative in either an official or unofficial capacity that
may function within a broad array of responsibilities and duties
Most Popular Searches
See More
Browse Alphabetically (A-Z)
0-9 | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
0-9 | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Commonly Searched Terms
K
V
X
Most Popular Legal Definitions
stay of execution
an order that temporarily holds the execution of a court judgment; either administered for a set time period or until further consideration by the court
an order that temporarily holds the execution of a court judgment; either administered for a set time period or until further consideration by the court
interim order
A temporary court order until the court has had
an opportunity of hearing the full case and make a final order.
amortalization
periodic payment plan to pay a debt in which the interest and a portion of the principal are included in each payment by an established mathematical formula; by figuring the interest on the declining principal and the number of years of the loan, the monthly payments are averaged and determined; since the main portion of the early payments is interest, the principal does not decline rapidly until the latter stages of the loan term; if the amortization leaves a principal balance at the close of the time for repayment, this final lump sum is called a "balloon" payment
periodic payment plan to pay a debt in which the interest and a portion of the principal are included in each payment by an established mathematical formula; by figuring the interest on the declining principal and the number of years of the loan, the monthly payments are averaged and determined; since the main portion of the early payments is interest, the principal does not decline rapidly until the latter stages of the loan term; if the amortization leaves a principal balance at the close of the time for repayment, this final lump sum is called a "balloon" payment
Tips