Legal Term Dictionary

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  • VALUED POLICY
    A policy is called "valued," when the parties, having agreed upon the value of the interest insured, in order to save the necessity of further proof have inserted the valuation in the policy, in the nature of liquidated damages. 1 Duer, Ins. 97.
  • VALUER
    A person whose business is to appraise or set a value upon property.
  • VALVASORS, OR VIDAMES
    An obsolete title of dignity next to a peer. 2 Inst. 667; 2 Steph. Comm. 612. Vana est ilia potentia quss nunqnam venit in aotnm. That power is vain [idle or useless] which never comes into action, [which is never exercised.] 2 Coke, 51. Vani timores sunt asstimandl, qui non More...
  • VANTARIUS
    L. Lat. In old records. A fore-footman. Spelman; Cowell.
  • VARA
    A Spanish-American measure of length, equal to 33 English inches or a trifle more or less, varying according to local usage. See U. S. v. Perot, 98 U. S. 428, 25 L. •Ed 251.
  • VARDA
    In old Scotch law. Ward; custody; guardianship. Answering to "warda," in old English law. Spelman.
  • VARENNA
    In old Scotch law. A warren. Answering to "warenna," in old English law. Spelman.
  • VARIANCE
    In pleading and practice. A discrepancy or disagreement between two instruments or two steps in the same cause, which ought by law to be entirely consonant. Thus, if the evidence adduced by the plaintiff does not agree with the allegations of his declaration, it is a variance; and so if More...
  • VARRANTIZATIO
    In old Scotch law. Warranty.
  • VAS
    Lat. In the civil law. A pledge ; a surety; bail or surety in a criminal proceeding or civil action. Calvin.
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