Appointive assets refer to the property, both real property and chattel, subject to a power of appointment. Once the power of appointment is exercised, ownership of the appointive assets will transfer to the appointees.
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approach
Approach refers to moving toward the bench, a witness, or the jury box in court. An attorney may approach the bench in order to have a conversation with the judge and opposing counsel off the record and/or out of the jury's earshot. An...
approach the witness
Approach the witness refers to when an attorney moves towards a witness in order to show them a document or exhibit. See approach. In some jurisdictions, an attorney must request to approach a witness; e.g. "may I approach the witness?"...
appropriation
Appropriation occurs when a defendant uses a plaintiff’s name, likeness, or image without their permission for commercial purposes. Appropriation is one of several torts falling under the category of invasion of privacy. When a defendant uses...
appurtenance
An appurtenance refers to something that, while technically detachable, is so fundamental to something else that it should be regarded as a part of the whole. In the event that property transfers hands, all appurtenances usually transfer as...
APR
An annual percentage rate (APR) is the yearly rate charged for a loan or earned by an investment. In other words, it is a measure of the cost of credit, expressed as a yearly rate. APR includes interest as well as other fees associated with...
arbiter
An arbiter is a person that has the legal authority to decide disputes. The arbiter’s decisions are made based on the rules of law and equity. This is distinguishable from an arbitrator, who is not bound to follow substantive law when making...
arbitration
Arbitration refers to an alternative dispute resolution method where the parties in dispute agree to have their case heard by a qualified arbitrator out of court. Under the Federal Arbitration Act, decisions reached through arbitration are...
arbitrator
An arbitrator is a neutral third party that oversees the alternative dispute resolution method of arbitration. While arbitration as a whole is governed by the Federal Arbitration Act, the requirements to become an arbitrator are determined...
arguendo
Arguendo is a Latin term meaning "in arguing" or "for the sake of argument". When one assumes something arguendo, the person is asserting a hypothetical statement to be true for the purpose of argument, regardless of whether that statement...