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Legal Terms 25-50
Identify the different legal terminologies
| Term | Definition |
|---|---|
| Consideration | is the thing, usually money, which you pay, under a contract, in exchange for getting something else |
| Contract | is a legal agreement entered into between two or more persons, known as “parties to the contract”, whereby an offer is made and accepted. |
| Costs | the sum awarded to the successful party to a lawsuit – and usually amount to the “costs”, including legal fees, of having brought the case. |
| Counsel | legal representative, lawyer or attorney. |
| Creditor | someone to whom you owe money. |
| Custodian | person appointed to manage and disperse funds on behalf of a child. |
| Damages | money paid to someone who has suffered injury or loss as a result of an action by a third party. |
| Debtor | someone who owes money to a creditor. |
| Decision | the verdict of a court in a case. |
| Deed | a written legal document describing a piece of property and setting out the boundaries of that property. |
| Default | is the failure to do something like paying money required of you under contract – an obligation. |
| Defendant | is the person who has charges to answer (criminal), or is being sued (civil). |
| Depositions | where a witness testifies under oath and you have pre-trial discovery to determine whether or not the deposition is in fact true. |
| Discovery | the process, pre-trial, where each party to a case will ask for documentation and information relevant to their case. |
| Dismissal | the termination of a case you were not convicted of. |
| Double Jeopardy | is the process of being tried twice for the same crime/offense. |
| Due Process | is a legal doctrine that a person’s trial proceeding be fair. |
| Easement | a right given to one person to enter the property of another without having to ask permission each time. |
| Estate | all of the property of a deceased person. |
| Evidence | document, etc. that prove a claim as to facts. |
| Executor | person named in a will to dispense the estate. |
| Fault | Someone who is to blame for something. |
| Felony | a crime the nature of which is serious enough for you to spend one or more years in jail. |
| Fine | punishment imposed for an offense (money). |
| Foreclosure | when a borrower cannot repay their debts and the creditor forecloses and sells the property. |
| Franchise | a business relationship whereby the owner of a business licenses others to use the name of his/her business. |
Created by:
Ms Reyes
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