Vocabulary Archive - Page 9 of 11

14 March 2021

Simply put, limited liability is the legal position of paying a limited amount of your or your company’s debts More specifically, the...

14 March 2021

A local authority is a public body of governance concerning a small group or community A local authority can be defined as a local city...

14 March 2021

The European Courts of Justice, also known under the abbreviation of ECJ, is a judicial authority part of the European Union It is the...

14 March 2021

Simple cases that do not involve exorbitant sums of money nor complex arguments or proceedings Small claims are predominantly used so the...

14 March 2021

The Schengen Area is a result of the Schengen Agreement, a decision taken by the European Union (then European Economic Community) to...

14 March 2021

The EU, or European Union, is an economic and political union consisting of 27 member states There exists within an internal single market...

14 March 2021

The Joint Contracts Tribunal, otherwise known as JCT, is the legal system in place used to produce standardised contracts and guidance...

14 March 2021

The Royal Institution of Chartered Surveyors works to enforce the highest international standards for the development of land,...

14 March 2021

The term “deposit” is broadly used to describe a sum of money that is initially given from one party to another This can be done to...