471. Loss Of Bargain
the inability to complete a sale of other business deal, caused by another's breach of contract, intentional interference with one's business, negligence or some other wrongdoing.
472. Loss
1) the value placed on injury or damages due to an accident caused by another's negligence. The amount of monetary damages can be determined in a lawsuit. 2) when expenses are greater than profits, the difference between money spent and income.
473. Long-term Offender
A convicted person for whom a court states there is a substantial risk of re-offending.
474. Long Arm Statues
Each court is bound to a territorial jurisdiction and does not normally have jurisdiction over persons that reside outside of that jurisdiction.
475. Loiter
To waste time; to linger or hang around in a public place or business where one has no particular or legal purpose.
476. Locus
Latin, "place", it means "place which" this or that occurred.
477. Lobby
to urge public officials to support specific measures; generally used as in to "lobby for a bill"
478. Living Will
A document that sets out guidelines for
479. Livery
Delivery. An archaic legal word from the feudal system referring to the actual legal transmission of possession of an object to another.
480. Litigation
A dispute is in 'litigation' when it has become the subject of a formal court action or law suit.