wex definitions



Truthfulness or accuracy of a person or statement.

Illustrative caselaw

See, e.g. Melendez-Diaz v. Massachusetts, 129 S.Ct. 2527, 2537 n.6 (2009).

See also


Perjury (contrast)


Verbatim means to use exactly the same words as another; usually when transcribing, quoting, or recording the original material word for word, such as making a verbatim transcript in a proceeding.

[Last updated in May of 2022 by the...



A jury's findings or conclusions on the factual issues presented by a case. Sometimes, the term also refers to the judge's resolution of issues in a bench trial.

Illustrative caselaw

See, e.g. United States v. Booker, 543 U.S. 220 (2005...



A declaration swearing that statements made in a document are true. Depending on the jurisdiction, verifications are either made under oath or in the presence of a notary public or similarly authorized person. Verifications are traditionally...



Against. Abbreviated as v. and vs. Used in case names, e.g. McDonald v. Chicago, 130 S.Ct. 3020 (2010).

See also

Adverse party

Vertical privity

In business law, vertical privity is the relationship between companies in a distribution chain (e.g. a manufacturer and a distributor). Those in vertical privity are jointly liable for product defects in the vertical chain.


Vessel Hull Design Protection Act

Title V of the Digital Millennium Copyright Act, the Vessel Hull Design Protection Act, provides sui generis protection for an “original design of a useful article” (where “useful article” is limited to boat hulls). It was intended to replace the...


A right or an interest in property "vests" when it is secured. This means that the beneficiary of the right or property interest is certain to receive a specific amount, either now or in the future.


Having an absolute right or title to something, to be enjoyed either now or in the future. A vested right is unconditional; it is no longer dependent on any event even if it was in the past.

See Contingent (contrast).

vested ownership

Vested ownership means complete and unconditional ownership.

See also: conditional ownership, qualified ownership

[Last updated in August of 2021 by the Wex Definitions Team]