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Legal Term Dictionary
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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
Search Results for "V"

VACANCY.
A place which is empty. The term is principally applied to cases where an office is not filled. 2. By the constitution... more

VACANT POSSESSION,
estates. An estate which has been abandoned by the tenant; the abandonment must be complete in order to make the possession vacant, and therefore if the... more

VACANT SUCCESSION.
An inheritance for which the heirs are unknown. ... more

VACANTIA, BONA,
civil law. Goods without an owner. Such goods escheat. ... more

TO VACATE
To annul, to render an act void; as to vacate an entry which has been made on a record when the court has been imposed... more

VACATION.
That period of time between the end of one term and beginning of another. During vacation, rules and orders are made in such cases as are... more

VACCARIA,
old Engl. law. A word which is derived from vacca, a cow, and signifies a dairy-house. Co. Litt. 5 b. ... more

VADIUM,
contracts. A pledge, or surety. ... more

VADIUM MORTUUM,
contracts. A mortgage or dead-pledge; it is a security given by the borrower of a sum of money, by which he grants to the lender an... more

VADIUM VIVUM,
contracts. A species of security by which the borrower of a sum of money, made over his estate to the lender, until he had received that... more

VAGABOND.
One who wanders about idly, who has no certain dwelling. The ordonnances of the French define a vagabond almost in the same terms. Dalloz, Dict. Vagabondage.... more

VAGRANT.
Generally by the word vagrant is understood a person who lives idly without any settled home; but this definition is much enlarged by some sta-tutes, and... more

VAGUENESS.
Uncertainty. 2. Certainty is required in contracts, wills, pleadings, judgments, and indeed in all the acts on which courts have to give... more

VALID
An act, deed, will, and the like, which has received all the formalities required by law, is said to be valid or good in law.... more

VALUABLE CONSIDERATION,
contracts. An equivalent for a thing purchased. Vide Vin. Ab. Consideration, B; 2 Bl. Com. 297; Consideration. ... more

VALUATION.
The act of ascertaining the worth of a thing; or it is the esti-mated worth of a thing. 2. It differs from... more

VALUE,
common law. This term has two different meanings. It sometimes expresses the utility of an object, and some times the power of purchasing other good with... more

VALUE RECEIVED.
This phrase is usually employed in a bill of exchange or promissory note, to denote that a consideration has been given for it. ... more

VALUED POLICY.
A valued policy is one where the value has been set on the ship or goods insured, and this value has been inserted in the policy... more

VARIANCE,
pleading, evidence. A disagreement or difference between two parts of the same legal proceeding, which ought to agree together. Variances are between the writ and the... more

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