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Law

Of or pertaining to the system of rules which a particular country or community recognizes as regulating the actions of its members and which it may enforce by the imposition of penalties.

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Law > Contracts

assign

Law; Contracts

Give or transfer interest and/or responsibility to another in a manner the receiver (asignee) has the same obligations and rights as the giver (assignor).

assignee

Law; Contracts

Party to whom a power or property (and associated obligations and rights) are transferred by another (the assignor) under an assignment.

assignment

Law; Contracts

Transfer of ownership of a property, or of benefits, interests, liabilities, rights under a contract (such as an insurance policy), by one party (the assignor) to another (the ...

assignor

Law; Contracts

Party that transfers a property or right (with their associated obligations and rights) to another (the assignee) under an assignment.

authorized person

Law; Contracts

Who is formally and properly empowered to perform specified duties associated with an office or an agreement or contract.

attorney in fact

Law; Contracts

Agent who holds the power of attorney allowing him or her to transact business and execute legal documents on behalf of a principal. Decisions made and actions taken by an ...

automatic renewal clause

Law; Contracts

Provision in an agreement under which it is renewed for another term after the expiry of the current term unless one of the involved parties gives a notice of its discontinuation.