Legal Term Dictionary

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  • PRE-EMPTION
    In international law. The right of pre-emption is the right of a nation to detain the merchandise of strangers passing through her territories or seas, in order to afford to her subjects the preference of purchase. 1 Chit Com. Law, 103. In English law. The first buying of a thing. More...
  • PRE-EMPTIONER
    One who, by settlement upon the public land, or by cultivation of a portion of it has obtained tbe right to purchase a portion of the land thus settled upon or cultivated, to the exclusion of all other persons. Dillingham v. Fisher, 5 Wis. 480. And see Doe v. Beck, More...
  • PREFECT
    In French law. The name given to the public functionary who is charged in chief with the administration of the laws, in each department of the country. Merl. Repert See Crespin v. U. S., 168 U. S. 208, 18 Sup. Ct 53, 42 L. Ed. 438. The term is also More...
  • PREFER
    To bring before; to prosecute; to try; to proceed with. Thus, preferring an indictment signifies prosecuting or trying an indictment. To give advantage, priority, or privilege; to select for first payment as to prefer one creditor over others.
  • PREFERENCE
    The act of an insolvent debtor who, in distributing his property or in assigning it for the benefit of his creditors, pays or secures to one or more creditors the full amount of their claims or a larger amount than they would be entitled to receive on a pro rata More...
  • PREFERENCE SHARES
    A term used in English law to designate a new issue of shares of stock in a company, which, to facilitate the disposal of them, are accorded a' priority or preference over the original shares. Such shares entitle their holders to a preferential dividend, so that a holder of them More...
  • PREFERENTIAL ASSIGNMENT
    An assignment of property for the benefit of creditors, made by an Insolvent debtor, in which it is directed that a preference (right to be paid first in full) shall be given to a creditor or creditors therein named.
  • PREFERRED
    Possessing or accorded a priority, advantage, or privilege. Generally denoting a prior or superior claim or right of payment as against another thing of the same kind or class. See State v. Oheraw & C. R. Co., 16 S. G. 528. -Preferred creditor. A creditor whom the debtor has directed More...
  • PREGNANCY
    In medical jurisprudence. The state of a female who has within her ovary or womb a fecundated germ, which gradually becomes developed in the latter receptacle. DungL Med. Diet. -Pregnancy, plea of. A plea which a woman capitally convicted may plead in stay of execution; for this, though it is More...
  • PREGNANT NEGATIVE
    See NEGATIVE PREGNANT
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