accounts receivable
n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business's problems in paying....... read the full legal term accounts receivable
accretion
n. 1) in real estate, the increase of the actual land on a stream, lake or sea by the action of water which deposits soil upon the shoreline. Accretion is Mother Nature's little gift to a landowner. 2) in estates, when a beneficiary of the person....... read the full legal term accretion
accrue
v. 1) growing or adding to, such as interest on a debt or investment which continues to accumulate. 2) the coming into being of the right to bring a lawsuit. For example, the right to sue on a contract only accrues when the contract is breached (not on....... read the full legal term accrue
accusation
n. 1) in legal terms accusation means officially charging someone with a crime either by indictment by a Grand Jury or filing charges by a District Attorney. 2) in lay terms any claim of wrongdoing by another person. read the full legal term accusation
accused
n. a person charged with a crime. read the full legal term accused
acknowledge
v. 1) generally to admit something, whether bad, good or indifferent. 2) to verify to a notary public or other officer (such as a County Clerk) that the signer executed (wrote, signed) the document like a deed, lease, or power of attorney, to make it....... read the full legal term acknowledge
acknowledgment
n. the section at the end of a document where a notary public verifies that the signer of the document states he/she actually signed it. Typical language is: 'State of Texas, County of Deaf Smith: (signed and sealed) On July 1, 1994, before me, a....... read the full legal term acknowledgment
acquit
v. what a jury or judge sitting without a jury does at the end of a criminal trial if the jury or judge finds the accused defendant not guilty. read the full legal term acquit
acquittal
n. what an accused criminal defendant receives if he/she is found not guilty. It is a verdict (a judgment in a criminal case) of not guilty. read the full legal term acquittal
act
1) n. in general, any action by a person. 2) n. a statutory plan passed by Congress or any legislature which is a 'bill' until enacted and becomes law. 3) v. for a court to make a decision and rule on a motion or petition, as in 'the....... read the full legal term act
act of God
n. a natural catastrophe which no one can prevent such as an earthquake, a tidal wave, a volcanic eruption, a hurricane or a tornado. Acts of God are significant for two reasons 1) for the havoc and damage they wreak, and 2) because often contracts....... read the full legal term act of God
action
n. a lawsuit in which one party (or parties) sues another. read the full legal term action
