Vocabulary Archive - Page 6 of 11

14 March 2021

Liquidation, in business and law, is when a company (or a part of one) closes, and its assets are sold or redistributed to partners,...

14 March 2021

Legal advice is the professional, formal opinion given from a lawyer, solicitor or barrister to a person or organisation who believes they...

14 March 2021

In law, an affirmation is a solemn declaration allowed to those who conscientiously object to taking an oath An affirmation has exactly the...

14 March 2021

An accusation is a formal, criminal charge that asserts that a person has been involved in committing a crime, but their guilt has not yet...

14 March 2021

Abandonment, in law, is the giving up, renunciation, or relinquishment of a possession, claim, privilege, appeal, responsibility, or right...

14 March 2021

A person is declared bankrupt when it is considered by a court that they cannot repay their debts The individual’s assets are then sold...

14 March 2021

To “defame” is to issue a false statement, to someone or some platform other than the defamed, about a person or group of people that...

14 March 2021

A criminal offence is an act or an omission that is unlawful and punishable by the specific laws of a state or a country One definition of...

14 March 2021

A legal case is a dispute among parties that is taken to a court (or through another legal process) for a judge, lawyers, and a jury to...