Legal Dictionary

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  1. R

    "Rex or Regina". King or Queen. In British cases, will see R v Freeman meaning Regina against Freeman. Changes with King or Queen on throne at time.
    In the signatures of royal persons, "R." is an abbreviation for "rex" (king) or "repina" (queen.) In descriptions of land, according to the divisions of the governmental survey. It stands for "range." Ottumwa, etc.. It. Co. v. McWilliams, 71 Iowa, 164, 32 N. W. 315.
  2. R'na

  3. R-value

    A unit of resistance to heat that is used to denote a materials effectiveness to be insulation. It is a determination of the ability to stop the flow of heat.
  4. Rabbi Trust

    In the United States, a Rabbi trust is a type of trust used by businesses or other entities to defer the taxability to the person or entity receiving (the payee) such payments as employee compensation or purchase payments in the acquisition of another business.
    A trust wherein the employee is not taxed because the plan's assets can be claimed by creditors. This name is used because the first of these type of trusts was set up for a rabbi.
  5. Race

    A tribe, people or nation, belonging or supposed to belong to the same stock or lineage. "Race, color or previous condition of servitude." Const U. S., Am. XV.
  6. Race Statute

    A recording act that gives priority of title to the party that records a claim first, even if the party had notice of an earlier unrecorded claim on the same property. See Notice statute and Race-notice statute.
    A law in some states that he first person to file a claim has the right to the claim.
  7. Race To The Bottom

    The race to the bottom is a socio-economic phrase which is used to describe government deregulation of the business environment or taxes in order to attract or retain economic activity in their jurisdictions. An outcome of globalization and free trade, the phenomenon may occur when competition increases between geographic areas over a particular sector of trade and production.
    Causal chain in which parties compete for a desired result by making increasingly larger concessions. Although some parties may temporarily out-compete others, the concessions lead to adverse consequences that may go unnoticed until it is too late to change course. Some observers claim that a race to the bottom results when governments compete for business by lowering labor standards or corporate taxes. See Protectionism and Free trade.
  8. Race To The Courthouse

    "Race to the courthouse" is an informal name used to describe the rule in some jurisdictions that the first conveyance instrument, mortgage, lien or judgment to be filed with the appropriate recorder's office, will have priority and prevail over documents filed subsequently, irrespective of the date of execution of the documents at issue.
  9. Race To The Top

    Race to the Top, abbreviated R2T, RTTT or RTT, is a $4.35 billion United States Department of Education competitive grant created to spur and reward innovation and reforms in state and local district K-12 education. It is funded by the ED Recovery Act as part of the American Recovery and Reinvestment Act of 2009 and was announced by President Barack Obama and Secretary of Education Arne Duncan on July 25, 2009. States were awarded points for satisfying certain educational policies, such as [...]
  10. Race-notice Statute

    A recording act that gives priority of title to the party that records first, but only if the party also lacked notice of prior unrecorded claims on the same property. See Notice statute and Race statute.
  11. Race-Way

    An artificial canal dug in the earth; a channel cut in the ground. Wllder v. De Cou, 26 Minn. 17, 1 N. W. 48. The channel for the current that drives a water-wheel. Webster.
  12. Rachat

    In French law. The right of repurchase which, in English and American law, the vendor may reserve to himself. It is also called "rCmCrC." Brown.
  13. Rachater

    To redeem; to ransom.
    L. Fr. To redeem; to repurchase, (or buy back.) Kelham.
  14. Rachetum

    Redemption; ransom.
    In Scotch law. Ransom; corresponding to Saxon "tceregild," a pecuniary composition for an offence. Skene; Jacob.
  15. Rachev Ratio

    The Rachev Ratio (or R-Ratio) is a risk-return performance measure of an investment asset, portfolio, or strategy. It was devised by Svetlozar Rachev and is designed to measure the right tail reward potential relative to the left tail risk in a non-Gaussian setting. Intuitively, it represents the potential for extreme positive returns compared to the risk of extreme losses (negative returns), at a rarity frequency q (quantile level) defined by the user. The ratio is defined as the Expected [...]
  16. Rachimburgii

    In the legal polity of the Salians and Ripuarians and other Germanic peoples, this name was given to the judges or assessors who sat with the count in his mallum, (court,) and were generally associated with him in other matters. Spelman.
  17. Racial Integrity Act Of 1924

    On March 20, 1924, the Virginia General Assembly passed two laws that had arisen out of contemporary concerns about eugenics and race: SB 219, titled "The Racial Integrity Act" and SB 281, "An ACT to provide for the sexual sterilization of inmates of State institutions in certain cases", henceforth referred to as "The Sterilization Act". The Racial Integrity Act of 1924 was one of a series of laws designed to prevent interracial relationships. The Racial Integrity Act required that a racial [...]
  18. Racialism

    Racialism is the belief that the human species is naturally divided into races, ostensibly distinct biological categories, without considering variable values among the races. Most dictionaries define the term racialism as synonymous with racism.
    Similar to racism where a person is deemed inferior because they belong to a different race of people. That race is a determination of the behaviour that is seen in human beings.
  19. Racism

    Racism is discrimination and prejudice towards people based on their race or ethnicity. Today, the use of the term "racism" does not easily fall under a single definition. The ideology underlying racist practices often includes the idea that humans can be subdivided into distinct groups that are different in their social behavior and innate capacities and that can be ranked as inferior or superior. The Holocaust is the classic example of institutionalized racism which led to the death of [...]
    A set of policies that is exhibited bt a person or persons toward a group of people of a different race. Often antagonistic and confronting. The assumption of lower intelligence and importance given to a person because of their racial characteristics.
  20. Rack

    An instrument upon which the body of the victim was stretched by degrees for the purpose of extorting a confession from him.
    An engine of torture anciently used in the inquisitorial method of examining persens charged with crime, the office of which was to break the limbs or dislocate the Joints.
    Punishments. An engine with which to torture a supposed criminal, in order to extort a confession of his supposed crime, and the names of his supposed accomplices. Unknown in the United States. 2. This instrument, known by the nickname of the Duke of Exeter's daughter, was in use in England. Barr. on the Stat. 866 12 S. & R. 227.

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