Legal Dictionary

Or Browse: All | 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 | #
  1. N

    An abbreviation of "Novella)," the Novels of Justinian, used in citing them. Tayl. Civil Law, 24. In English, a common and familiar abbreviation for the word "north," as used in maps, charts, conveyances, etc. See Burr v. Broadway Ins. Co., 16 N. Y. 271.
  2. Naam

    A distress; a taking.
    Sax. The attaching or taking of movable goods and chattels, called "vif" or "mort" according as the chattels were living or dead. Termes de la Ley.
  3. Nabob

    A nabob /ˈneɪbɒb/ is an Anglo-Indian term for a conspicuously wealthy man who made his fortune in the Orient, especially in the Indian subcontinent. It also refers to an East India Company servant who had become wealthy through corrupt trade and other practices. Nabob literally means "deputy governor" or "viceroy" in the Mughal Empire rule of India. This title was later adopted by British vassals in India, such as Bengal, Oudh, and Arcot.
    Originally the governor of a province under the Mogul government of Hin-dostan, whence it became a mere title of any man of high rank, upon whom it was conferred without any office being attached to it. Wils. Indian Gloss.
  4. Nafaqah

    Nafaqah (Arabic: نَفَقَة‎‎) is the Islamic legal term for the financial support a husband must provide for his wife or wives. In an Islamic marriage agreement, the husband is responsible to pay for his wife's housing, food and clothing. Any money the wife earns is hers to do with as she wishes.
  5. Nafta

    The abbreviation that is for the North American Free Trade Agreement.
  6. Naif

    A born slave; a villein.
    L. Fr. A villein; a barn slave; a bondwoman.
  7. Nail

    A lineal measure of two inches and a quarter.
    A measure of length, equal to two inches and a quarter. Vide Measure.
  8. Naive Forecasting

    Without adjusting or establishing causal factors, using the last period's actuals to estimate this period's forecast by this unremarkable technique. Used only to compare against forecasts generated by better, more sophisticated techniques.
  9. Naivitas

  10. Nakdi Report

    The Nakdi Report, also known as the Nakdi Document (Hebrew: מסמך נקדי‎‎, Mismach Nakdi ) or as the Nakdi guidelines is the document that provides ethical guidelines for use in Israel's broadcasting industry. Published as the Guidelines for Coverage of News and Current Affairs in 1995, the doctrine was first introduced in 1972 by the Israel Broadcasting Authority. It is named for its original author, Nakdimon Rogel. Patterned after the BBC’s Editorial Guidelines (previously, the [...]
  11. Naked

    Bare; incomplete; not full.
    As a term of jurisprudence, this word is equivalent to bare, wanting in necessary conditions, incomplete, as a naked contract, (nudum, pactum,) i. e., a contract devoid of consideration, and therefore invalid; or simple, unilateral, comprising but a single element, as a naked authority, i. e., one which is not coupled with any interest in the agent, but subsists for the benefit of the principal alone. As to naked "Confession," "Deposit," "Possession," "Possibility," "Power," "Promise," and [...]
    This word is used in a metaphorical sense to denote that a thing is not complete, and for want of some quality it is either without power, or it possesses a limited power. A naked contract, is one made without consideration, and, for that reason, it is void; a naked authority, is one given without any right in the agent, and wholly for the benefit of the principal. 2 Bouv. Inst. n. 1302. See Nudum Pactum.
  12. Naked Call

    A naked call occurs when a speculator writes (sells) a call option on a security without ownership of that security. It is one of the riskiest options strategies because it carries unlimited risk as opposed to a naked put, where the maximum loss occurs if the stock falls to zero. A naked call is the opposite of a covered call. The buyer of a call option has the right to buy a specific number of shares from the call option seller at a strike price at an expiration date(European Option). Since a [...]
    A naked call is an options strategy in which an investor writes (sells) call options on the open market without owning the underlying security. This stands in contrast to a covered call strategy, where the investor owns the security shares that are eligible to be exercised under the options contract.
  13. Naked Confession

    An uncorroborated confession.
  14. Naked Debenture

    Debt, not covered by any asset, confirmed in writing. A naked debenture example is a signature loan. Also known as uncovered debenture.
  15. Naked Option

    An option contract entered into where the seller does not actually own the underlying stock. When the buyer exercises the option, the seller must purchase the shares and sell them under the terms of the option contract. Also known as an "uncovered option." See also Option Covered option
    When the seller does not own the cash or asset sold that has to be paid if a contract is exercised.
  16. Naked Position

    A futures market's un-hedged position. Call option writer with the right to buy or put option writer with the right to sell, having no corresponding long position or short position on the underlying asset, is in a naked position. The writer is exposed, unprotected from the price fluctuations that make this risky. Contrast to covered position. Also known as uncovered position.
  17. Naked Possession

    The actual occupation of real estate, but without any apparent or colorable right to hold and continue such possession; spoken of as the lowest and most imperfect degree of title. 2 Bl. Comm. 195; Birdwell v. Burleson, 31 Tex. Civ. App. 31, 72 S. W. 446.
    Without any legal right to do so, one's occupying real property or having physically possessing a material object.
  18. Naked Possibility

    A bare chance or expectation of acquiring a property or succeeding to an estate in the future, but without any present right in or to it which the law would recognize as an estate or interest. See Rogers v. Felton, 98 Ky. 148, 32 S. W. 406.
  19. Naked Power

    One which is simply collateral and without interest in the donee, which arises when, to a mere stranger, authority is given of disposing of an interest, in which he had not before, nor has by the instrument creating the power, any estate whatsoever. Bergen v. Bennett, 1 Caines Cas. (N. Yil 15, 2 Am. Dec. 281; Atwater v. Perkins, 51 Conn. 198; Clark v. Homthal, 47-Miss. 534; Hunt v. Ennis, 12 Fed. Cas. 915.
    A mere power to dispose of property with no interest therein. See 6 Conn. 559, lfi Am. Dec. 76.
  20. Naked Promise

    One given without any consideration, equivalent, or reciprocal obligation, and for that reason not enforceable at law. See Arend v. Smith, 151 N. Y. 502, 45 N. E. 872.

1 of 106 Page(s)

  1. 2
  2. 3
  3. 4
  4. 5