Françoise Clementi

Tooltip Tags: law

preferential creditor

A creditor who must be paid first if a company is in liquidation. (source: http://www.investorwords.com/10676/preferential_creditor.html)

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power of attorney [POA]

A written authorization to represent or act on another’s behalf in private affairs, business, or some other legal matter. (source: http://en.wikipedia.org/wiki/Power_of_attorney)

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pre-nuptial agreement

Legal instrument that allows self-regulation of spouses’ economic interests regarding their private wealth. (source: http://www.linguee.es/ingles-espanol/traduccion/prenuptial+agreement.html)

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plaintiff

the term used in some jurisdictions for the party who initiates a lawsuit (also known as an action) before a court. In other words, someone

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partnership

A type of unincorporated business organization in which multiple individuals, called general partners, manage the business and are equally liable for its debts. (source: http://www.investorwords.com/3609/partnership.html#ixzz2YjvB6yMN)

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ownership

Ownership is the legal right to possess something. (source: http://www.yourdictionary.com/ownership)

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ordinance

An authoritative regulation, decree, law, or practice. (source: http://www.wordreference.com/definition/ordinance)

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oral contract

A contract the terms of which have been agreed by spoken communication, in contrast to a written contract, where the contract is a written document.

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notorious insolvency

Notorious insolvency is that which is designated by some public act, by which it becomes notorious and irretrievable, as applying for the benefit of the

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