Law Dictionary

A sealed promise to pay acknowledging value received, issued by a corporation.

The name of a class of evidences of debt, used in England; being acknowledgments, by a borrowing company made under its seal, of a debt incurred and actually due by the company to

A system of Insurance similar to the English Lloyds, which is carried on in the United States by unincorporated associations of individuals. It originated in connection with marine

An interval of reason enjoyed by an insane person, or lunatic.

I. Gain; profit; benefit; advantage. In the civil law. Lncri causa: for the sake of gain. Lucri faciendi gratia: for the sake of making gain. In Scots law. Lucrum cessans: a ceasin

Charged with crime by indictment.

One against whom an indictment has been found.

See Lucrative.

“LNG terminal” includes all natural gas facilities located onshore or in State waters that are used to receive, unload, load, store, transport, gasify, liquefy, or process natural

Insanity or madness, — properly, is broken by intervals of

An insane person; a person son; properly, one who has lucid

The term “load charge” means any sales or similar charge incurred by a person in acquiring stock of a regulated investment company. Such term does not include any charge incurred b

The depth to which a ship will sink in salt water when leaded. Every British ship must be marked on each side ships, and pleasure yachts, also ships employed exclusively In trading

For purposes of clause (i), the term “load loss transaction” means any wholesale or retail sale of electric energy (other than to members) to the extent that the aggregate sales du

A pilot.

The pay to loadsmen; that is, persons who sail or row before ships, in barks or small vessels, with instruments for towing the ship and directing her course, in order that she may

The pay to loadsmen; that is, persons who sail or row before ships, in barks or small vessels, with instruments for towing the ship and directing her course, in order that she may

The pay to loadsmen; that is, persons who sail or row before ships, in barks or small vessels, with instruments for towing the ship and directing her course, in order that she may

The term “load management technique” means any technique (other than a time-of-day or seasonal rate) to reduce the maximum kilowatt demand on the electric utility, including ripple

The term “load-serving entity” means a distribution utility or an electric utility that has a service obligation. / The term “load-serving entity” has the meaning given the term in

For purposes of this subsection, the term “loan” includes obligations and extensions or advances of credit. / Subject to subparagraph (B), the term “loan” means a loan made to a fa

GRATUITOUS, (or COMMO-

See Cleabinu House.

the term “loan commitment” means a prospective mortgagee's written confirmation of its approval, including any applicable closing conditions, of the application of a prospective mo

The term “loan commodity” means each contract commodity, extra long staple cotton, and oilseed. / The term “loan commodity” means wheat, corn, grain sorghum, barley, oats, upland c

In this paragraph, the term “loan cost” has the meaning given the term “cost of a loan guarantee” under section 661a(5)(C) of title 2 .

when the nominal employer furnishes a third party 'with men to do the work, and places them under his exclusive control in the performance of it, those men become pro hac vice the

A contract By which the owner of a personal chattel, called the "lender," delivers it to the bailee, called the "borrower," to be returned in kind. For example, if a person borrows

A loan of goods to be returned in kind at a future time, without reward.

A bailment of an article to be used by the borrower without paying for the use. 2 Kent, Comm. (4th Ed.) 573. Loan for use (called commodatum in the civil law) differs from a loan f

The term “loan guarantee” means any guarantee, insurance, or other pledge with respect to the payment of all or a part of the principal or interest on any debt obligation of a non-

The term “loan guarantee commitment” means a binding agreement by a Federal agency to make a loan guarantee when specified conditions are fulfilled by the borrower, the lender, or

The term “loan originator”— (i) means an individual who— (I) takes a residential mortgage loan application; and (II) offers or negotiates terms of a residential mortgage loan for c

The term “loan processor or underwriter” means an individual who performs clerical or support duties at the direction of and subject to the supervision and instruction of— (i) a St

The term "Loan Repayment Program" means the National Health Service Corps Loan Repayment Program established under section 254l–1 of this title.

The term “loans” includes obligations and extensions or advances of credit; and any reference to a loan or investment includes an interest in such a loan or investment.

the term “loans and extensions of credit” shall include— (A) all direct or indirect advances of funds to a person made on the basis of any obligation of that person to repay the fu

The term “loan service program” means, with respect to a farmer program borrower, a primary loan service program or a preservation loan service program.

In English law. A kind of club formed for the purpose of advancing money on loan to the industrial classes. They are of comparatively recent origin in England, and are authorized a

An association formed for the purpose of lending money.

A loan for exchange is a contract by which one delivers personal property to another, and the latter agrees to return to the lender a similar thing at a future time, without reward

Personal solicitation of a member of a legislative body during a session thereof, by one not a member, with reference to any matter pending in the legislature, so called from the f

lobbying activities' readily lends itself to the construction placed upon it below, namely, 'lobbying in its commonly accepted sense,' that is, 'representations made directly to th

The term “lobbying contact” means any oral or written communication (including an electronic communication) to a covered executive branch official or a covered legislative branch o

Any agreement which tends to introduce personal influence and solicitation as elements in procuring and influencing legislative action, or action by any department of government. S

The general principle was laid down broadly in Providence Tool Co. v. Norris ... that an agreement for compensation to procure a contract from the government to furnish its supplie

The term “lobbying expenditures” means expenditures for the purpose of influencing legislation (as defined in subsection (d)). / The term “lobbying expenditures” means expenditures

The term “lobbying firm” means a person or entity that has 1 or more employees who are lobbyists on behalf of a client other than that person or entity. The term also includes a se

direct communication with members of Congress on pending or proposed federal legislation

These particular services thus paid for were of the character generally designated as lobbying services... courts had branded services of a like nature as improper, and for which n

The term “lobbyist” means any individual who is employed or retained by a client for financial or other compensation for services that include more than one lobbying contact, other

OU SUR une fausse cause, ou sur cause lllicite, ne peut avoir aucun effet. An obligation without consideration, or upon a false consideration (which fails), or upon unlawful consid

An obligation without consideration or apon a false consideration, (which fails,) or upon unlawful consideration, cannot have any effect. Co.de Civll, 3, 3, 4; Chit Cont (11th Am.

An obligation without consideration, or with a false one, or an unlawful one cannot have any effect.

The term “local” and “locality” means any local government authority or agency or component thereof within a State having jurisdiction over matters at a county, municipal, or other

The term “local access and transport area” or “LATA” means a contiguous geographic area— (A) established before February 8, 1996, by a Bell operating company such that no exchange

In practice. An action which must be brought in a particular county. All local actions must be brought in the county where the cause of action arose. In general, all actions are lo

Wherever the jurisdiction of the person will enable the Circuit Court to give effect to its judgment or decree, jurisdiction may be exercised. But wherever the subject-matter in co

A tax imposed on a local activity related to interstate commerce is valid if, and only if, the local activity is not such an integral part of the interstate process, the flow of co

An act which has for its object the interest of sume particular locality, as the formation of a road, the alteration of tlhe course of a river, the formation of a public market in

For purposes of this section and section 6416(b)(1), the term “local advertising” means only advertising which— (A) is initiated or obtained by the purchaser or any subsequent vend

An act which has for its object the interest of some particular locality, as the formation of a road, the alteration of the course of a river, the formation of a public market in a

The term “local agency” means an agency of a unit of general local government or of an Indian tribe (or combination of such units or tribes) which has an agreement with the designa

One appointed to act as the representative of a corporation and transact its business generally (or business of a particular character) at a given place or within a defined distric

The allegiance due to a government from an alien while within its limits. 1 Bl. Comm. 370; 2 Kent, Comm. 63, 64.

That measure of obedience which is due from a subject of one government to another government, within whose territory he is temporarily resident.

The term "local and private sector contribution" means the funds available at the local level (by private financial institutions, State and local governments) or by any p

Local application' obviously implies limitation to subjects having relevant ties within the territory, to laws growing out of the needs of the Islands and governing relations withi

The term "local area" means a local workforce investment area designated under section 2831 of this title. / In this section, the term “local area” means the smallest geo

The term “local arts agency” means a community organization, or an agency of local government, that primarily provides financial support, services, or other programs for a variety

The term “local assessment” means an academic assessment selected and carried out by a local educational agency that is separate from an assessment required under section 6311(b)(2

The term "local board" means a local workforce investment board established under section 2832 of this title. / The term “local board” means a local workforce development

The term “local board for a designated region” means a local board for a local area in a designated region.

A fixture.

“local child protective services agency” means that agency of the Federal Government, of a State, or of an Indian tribe that has the primary responsibility for child protection on

For purposes of this section, the term “local commercial television station” means any full power television broadcast station, other than a qualified noncommercial educational tel

The term "local community" means the area served by a general-purpose unit of local government that is located within, but does not cover the entire area of, a local labo

There are matters of local concern, the regulation of which unavoidably involves some regulation of interstate commerce, but which because of their local character and their number

The term “local contribution percentage” means the percentage of current expenditures in the State derived from local and intermediate sources, as reported to and verified by the N

The term “local council” means a council that is established or designated by a local government entity, Indian tribe, regional corporation, or native Hawaiian entity, as appropria

A court whose jurisdiction is limited to a particular locality. Sometimes applied to the courts of the home jurisdiction, as opposed to foreign courts.

Courts limited to a particular territory or district. The term frequently signifies the state courts In opposition to the United States courts.

For purposes of this section, the term “local coverage determination” means a determination by a fiscal intermediary or a carrier under part A or part B, as applicable, respecting

Crimes committed against the laws of the United States out of the limits of a State are not local, but may be tried at such place as Congress shall designate by law, but are local

One whose observance is confined to a particular locality.

In this section, the term “local development district” means an entity that— (1) is— (A) a planning district in existence on December 21, 2000, that is recognized by the Economic D

what Congress must have meant by facilities' for 'local distribution' was equipment for distributing gas among consumers within a particular local community, not the high-pressure

The term “local distribution company” means any person, other than any interstate pipeline or any intrastate pipeline, engaged in the transportation, or local distribution, of natu

For purposes of subsection (a)(9), the term “local district heating or cooling facility” means property used as an integral part of a local district heating or cooling system.

For purposes of paragraph (1), the term “local district heating or cooling system” means any local system consisting of a pipeline or network (which may be connected to a heating o

The term "local drug crisis" means, with respect to the area served by an eligible entity— (A) a sudden increase in the abuse of opioids or methamphetamines, as documente

The term “local education agency” means a public board of education or other public authority or a nonprofit institution legally constituted within, or otherwise recognized by, a S

a public board of education or other public authority legally constituted within a State for either administrative control or direction of, or to perform a service function for, pu

The term “local elected official” means the chief elected executive officer of a unit of general local government in a substate area.

For purposes of this subchapter, the term "local entity" means a child support enforcement agency, law enforcement agency, prosecuting attorney, or unit of local governme

The term "local exchange carrier" means any person that is engaged in the provision of telephone exchange service or exchange access. Such term does not include a person

the term “local financial institution”— (1) means any bank or financial institution that is organized under the laws of any country or area in which the Corporation operates; but (

Freight shipped from either terminus to a way station, or vice versa, or from one way station to another, —

“local government” means— (A) any political subdivision, instrumentality, or authority of a State or States as defined in subparagraph (A) of paragraph (1); (B) any general or spec

the term "local governmental authority"— (i) has the same meaning given that term by section 5302 of this title; and (ii) includes a person or entity that contracts with