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Glossary


We want to make it as easy as possible for you to do business with us.
We try and use plain english wherever we can.  Unfortunately the law
like any other industy has its own language and we can't always promise
that we won't be using words that are second nature to us, but may not
be second nature to you.

To help you find your way around the maze of legal terminology we've
provided you with a short glossary of some of the legal terms which you
are more likely to come across in our correspondence and documentation.

Our list, some of which is adapted from www.nolo.com is not exhaustive
as we have not intended to provide a detailed legal dictionary.  There are
a number of other excellent websites however which will assist you should
you need any further explanations beyond those in our glossary.

Click on the following link and you will find a legal dictionary which may not
keep you amused, but will keep you informed.

www.nolo.com

 

 

 

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

Ultra Vires Latin for beyond powers. It refers to conduct by a corporation or a Government Body that exceeds the powers granted by law.


Unit Holders Agreement See 'Shareholders Agreement'.


Unit Trust See 'Trust'.


Unjust Enrichment A legal document stating that if the person receives money or other property through no effort of his own at the expense of another, the recipient should return the property to the rightful owner even if the property was not obtained illegally. Most courts will order that the property be returned if the party that has suffered the loss brings a law suit.


Unsecured Debt A debt that is not tied to any item of property. A creditor does not have the right to take property to satisfy the debt if you default. The creditor's only remedy is to sue you and get a judgment.


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