Legal Dictionary and Glossary in . Understanding Legal Words

341 meeting

A meeting of a debtor with creditors called "341 meeting" because section 341 of the Bankruptcy Code requires that the debtor attend this meeting so that creditors can question the debtor about debts and property.

a fortiori

To draw the inference that because a certain thing is true, then another thing must be true as well. From Latin "even more so", or “with even stronger reason".

Thus, if Winnie the Pooh can not lift a pot with honey, a Piglet can not lift i ...

A/B Trust

An "A-B trust" is a type of trust established by a married couple that includes provisions requiring the allocation of assets on the death of one spouse to two separate trusts to be established only at that time. This family trust might help spous ...

abandoned property

An act of a tenant indicating that he is leaving the premises. An apartment empty for substantial amount of time with/without utilities turned off, the surrender of the keys from the apartment to the landlord, may be the indications of the abando ...

abatement

A diminution, decrease or easing of something; Abatement refers to a reprieve from or reduction in a debt, tax or other payment obligation faced by an individual or company.

In Real Estate, tax abatement is used by cities as an incentive ...

abduction

The illegal carrying or enticing away of a person, esp. by interfering with a relationship, as the taking of a child from its parent or taking a woman with intent to marry her without her will.

The National Studies of Missing, Abducted, Ru ...

able-bodied

having physically strong body; For the purpose of family law it is often used to describe a person as capable of earning a living and, therefore, of paying alimony or child support.