Legal Term Dictionary

L, Pr. Not Litt | 8.

L, Pr. Not Litt | 8. Less...

The son of a brother or sister. But the term, as used in wills and other documents, may Include the children of half brothers and sisters and also grand-nephews, if such be the apparent Intention, but not the nephew of a husband or wife, and not (presumptively) a nephew who More...

The son of a brother or sister. But the term, as used in wills and other documents, may Include the children of half brothers and sisters and also grand-nephews, if such be the apparent Intention, but not the nephew of a husband or wife, and not (presumptively) a nephew who is illegitimate. See Shephard v. Shephard, 67 Conn. 24, 17 Atl. 173; Lyon v. Lyon, 88 Me. 395, 34 Atl. 180; Brower v. Bowers, 1 Abb. Dec. (N. Y.) 214; Green's Appeal, 42 Pa. 25. Less...

Lat. A grandson.

Lat. A grandson. Less...

Lat A granddaughter.

Lat A granddaughter. Less...

In Scotch law. A grandson. Skene.

In Scotch law. A grandson. Skene. Less...

Clear of anything extraneous; with all deductions, such as charges, expenses, discounts, commissions, taxes, etc.; free from expenses. St. John v. Erie R. Co., 22 Wall. 148, 22 L. Ed. 743; Scott v. Hartley, 126 Ind. 239, 25 N. E. 826; Gibbs'v. People's Nat. Bank, 198 111. 307, 64 N. More...

Clear of anything extraneous; with all deductions, such as charges, expenses, discounts, commissions, taxes, etc.; free from expenses. St. John v. Erie R. Co., 22 Wall. 148, 22 L. Ed. 743; Scott v. Hartley, 126 Ind. 239, 25 N. E. 826; Gibbs'v. People's Nat. Bank, 198 111. 307, 64 N. E. 1060. -Net balance. The proceeds of sale, after deducting expenses. Evans v. Wain.' 71 Pa*. 69.--Net earnings. See EABNIKGS.-Net income. The profit or income accruing from a business, fund, estate, etc., after deducting all necessary charges and expenses of everv kind. Jones & Nimick Mfg. Co. v. Com., *69 Pa. 137; In re Young, 15 App. Div. 285, 44 N. Y. Supp. 585: Fickett v. Conn (Com. PI.) 1 N. Y. Supp. 436.-Net premium. In the business of life insurance, this term is used to designate that portion of the premium which is intended to meet the cost of the insurance, both current and future; its amount is calculated upon the basis of the mortality tables and upon the assumption that the company will receive a certain rate of interest upon all its assets; it does not include the entire premium paid by the assured, but does include a certain sum for expenses. Fuller v. Metropolitan L. Ins. Co., 70 Conn. 647, 41 Atl. 4.-Net price. The lowest price, after deducting all discounts. -Net profits. This term does not mean what is made over the losses, expenses, and interest on the amount invested. It includes the gain that accrues on the investment, after deducting simply the losses and expenses of the business. Tutt v. Land, 50 Ga. 350.-Net tonnage. The net tonnage of a vessel is the difference between the entire cubic contents of the interior of the vessel numbered in tons and the space occupied bv the crew and by propelling machinery. The tfhomas Melville, 62 Fed. 749, 10 C. C. A. 619. -Net weight. The weight of an article or collection of articles, after deducting from the gross weight the weight of the boxes, coverings, casks, etc., containing the same. The weight of an animal dressed for sale, after rejecting hide, offal, etc. Less...

A name given to the English house of commons in the time of Henry VIIL

A name given to the English house of commons in the time of Henry VIIL Less...

In medical jurisprudence. A condition of weakness or exhaustion of the general nervous system, giving rise to various forms of mental and bodily inefficiency.

In medical jurisprudence. A condition of weakness or exhaustion of the general nervous system, giving rise to various forms of mental and bodily inefficiency. Less...

In international law. Indifferent; impartial; not engaged on either side; not taking an active part with either of the contending states. In an international war, the principal hostile powers are called "belligerents;" those actively co-operating with and assisting them, their "allies;" and those taking no part whatever, "neutrals" -Neutral property. More...

In international law. Indifferent; impartial; not engaged on either side; not taking an active part with either of the contending states. In an international war, the principal hostile powers are called "belligerents;" those actively co-operating with and assisting them, their "allies;" and those taking no part whatever, "neutrals" -Neutral property. Property which belongs to citizens of neutral powers, and is used, treated, and accompanied by proper insignia as such. Less...

The state of a nation which takes no part between two or more other nations at war. U. S. v. The Three Friends; 166 U. S. 1, 17 Sup. Ct 405, 41 L. Ed. 897. -Neutrality laws. Acts of congress which forbid the fitting out and equipping of armed vessels, More...

The state of a nation which takes no part between two or more other nations at war. U. S. v. The Three Friends; 166 U. S. 1, 17 Sup. Ct 405, 41 L. Ed. 897. -Neutrality laws. Acts of congress which forbid the fitting out and equipping of armed vessels, or the enlisting of troops, for the aid of either of two belligerent powers with which the United States is at peace.-Neutrality Proclamation. A proclamation by the presi-ent of the United States, issued oil the outbreak of a war between two powers with both of which the United States is at peace, announcing the neutrality of the United States and warning all citizens to refrain from any breach of the neutrality laws. Less...