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LEGAL TERMS Flashcards

1
Q

to garnish

A

to take part of the income or property of someone who owes a debt and give it to a court in order to pay the debt

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2
Q

dissent

A

a strong difference of opinion on a particular subject, especially about an official suggestion or plan or a popular belief

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3
Q

to dissent

A

(of a judge) to offer a legal opinion in a court that differs from the opinion of most of the other judges of the court

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4
Q

to remit

A

to send money to someone.

the types of activity that a person or organization has responsibility for.

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5
Q

patrimony

A
  • the property that someone gets from their father after his death
  • the valuable objects, buildings, ideas, etc. that a society gets from the people who have lived in the past
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6
Q

mandate

A
  • an official order or requirement to do something
  • official permission or the right to do something, usually given as the result of a vote
  • the period of time that a government or an elected person is allowed to remain in power
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7
Q

inconsequential

A

not important

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8
Q

fallout

A

the bad things that happen after a particular event

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9
Q

merit

A
  • the quality of being good and deserving to be praised or rewarded, or an advantage that something has
  • if a court decides that a complaint, case, etc. has merit, it accepts that it is true or there is evidence for it
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10
Q

backup

A

a person, plan, piece of equipment, etc. that you can use to replace another if necessary

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11
Q

leverage

A

the relationship between the amount of money that a company owes and its share capital or value

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12
Q

leveraged loan

A

a type of loan that is extended to companies or individuals that already have considerable amounts of debt or poor credit history. Lenders consider leveraged loans to carry a higher risk of default, and as a result, a leveraged loan is more costly to the borrower

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13
Q

investment-grade debt

A

the type of bond or other loan that has a low risk of not being paid back

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14
Q

vulnerable

A

able to be easily hurt, influenced, or attacked

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15
Q

to downgrade

A

to state that something such as a company is likely to produce less profit or growth, to be less able to pay back debt, etc. than was previously thought

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16
Q

simultaneous

A

happening or being done at exactly the same time

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17
Q

to mitigate

A

to make something less harmful, unpleasant, or bad

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18
Q

mitigating circumstances

A

situations that are not an excuse for a crime, but that a court of law may consider to be important enough to reduce the blame or punishment of the accused person

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19
Q

forbearance

A
  • the quality of being patient and being able to forgive someone or control yourself in a difficult situation
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20
Q

bridge financing

A

a form of temporary financing intended to cover a company’s short-term costs until the moment when regular long-term financing is secured. Thus, it is named as bridge financing since it is like a bridge that connects a company to debt capital through short-term borrowings

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21
Q

deluge

A

a very large volume of something, more than can be managed

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22
Q

backstop

A

something such as a plan or method that can be used if all other plans or methods fail

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23
Q

to inflict

A

to force someone or something to experience something unpleasant

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24
Q

holdout

A
  • a person, organization, or country that continues to do something, despite other people trying to force them not to
  • a person, organization, or country that continues to refuse to accept something that others have already accepted, despite other people trying to persuade them to
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25
workout
a type of financial arrangement for someone who is having difficulty paying back their debts
26
to impose
to introduce a new law, tax, rule, or punishment
27
to introduce a new law, tax, rule, or punishment
to help people deal with a process or reach an agreement or solution without getting directly involved in the process, discussion, etc. yourself
28
feasible
possible to do and likely to be successful
29
prudent
careful in the way that you make decisions or spend money so that you avoid unnecessary risks
30
to replicate
to make or do something again in exactly the same way
31
Pareto efficiency
a situation that cannot be modified so as to make any one individual or preference criterion better off without making at least one individual or preference criterion worse off
32
ransom
a large amount of money that is demanded in exchange for someone who has been taken prisoner, or sometimes for an animal
33
to bolster
to support something, or make something stronger
34
unaccustomed
(of a person) not familiar with or experienced at something
35
elusive
difficult to describe, find, achieve, or remember
36
venue
the city or county in which a trial happens
37
disenfranchised
not having the right to vote, or a similar right, or having had that right taken away
38
integrity
the quality of being honest and having strong moral principles that you refuse to change
39
inhibited
not confident enough to say or do what you want
40
rampant
used to describe something bad that gets worse very quickly and in an uncontrolled way
41
merit
the quality of being good and deserving praise
42
contagion
the fact of economic problems in one country, region, etc. spreading to another
43
standstill
a condition in which all movement or activity has stopped
44
to dodge
to avoid being hit by something by moving quickly to one side
45
resolution
an official decision that is made after a group or organization has voted
46
impasse
a situation in which progress is impossible, especially because the people involved cannot agree
47
to reprimand
to express to someone your strong official disapproval of them
48
to opine
to express an opinion
49
assertion
a statement that you strongly believe is true
50
to forgo
to give up or do without
51
to allege
to say that someone has done something illegal or wrong without giving proof
52
discernible
able to be seen or understood
53
zeal
great enthusiasm or interest
54
anecdotal
based on reports or things someone saw rather than on proven facts
55
to underscore
to emphasize the importance something
56
tranche
one of several parts of a financial arrangement, payment, amount, etc.
57
to garner
to collect something, usually after much work or with difficulty
58
to overhaul
to repair or improve something so that every part of it works as it should
59
adverse
having a negative or harmful effect on something
60
antagonist
a person who is strongly opposed to something or someone
61
behest
a request
62
adherence
the fact of someone behaving exactly according to rules, beliefs, etc.
63
surge
a sudden and great increase
64
bust
a period of slow economic activity and lack of growth
65
harbinger
a person or thing that shows that something is going to happen soon, especially something bad
66
doom
death, destruction, or any very bad situation that cannot be avoided
67
junk bond
a bond that has a high risk that it will not be paid back, but that may possibly make a large profit
68
upshot
something that happens as a result of other actions, events, or decisions
69
deluge
a very large volume of something, more than can be managed
70
flurry
a sudden light fall of snow, blown in different directions by the wind
71
limbo
an uncertain situation that you cannot control and in which there is no progress or improvement
72
to vie
to compete with other people to achieve or get something
73
disclosure
the act of making something known or the fact that is made known
74
impaired
damaged in a way that makes something less effective
75
to engage
to cause someone to become interested or involved in an activity, or to attract someone’s interest
76
docket
a list of cases to be dealt with in a law court
77
to entice
to persuade someone to do something by offering them something pleasant
78
to encourage
to make someone more likely to do something, or to make something more likely to happen
79
consistent
always behaving or happening in a similar, especially positive, way
80
motion
a formal suggestion made, discussed, and voted on at a meeting
81
to consummate
to make something complete or perfect
82
to foster
to encourage the development or growth of ideas or feelings
83
admittedly
used when you are agreeing that something is true, especially unwillingly
84
prevalence
the fact that something is very common or happens often
85
discernible
able to be seen or understood
86
detrimental
causing harm or damage
87
indenture
- a written agreement that states the rights and responsibilities of a company that sells a bond and someone who buys it - especially in the past, a formal agreement that someone will work for someone else for a particular length of time, especially in order to learn a job
88
alleged
said or thought by some people to be the stated bad or illegal thing, although you have no proof
89
pleading
urgent, emotional statements or requests for something
90
innate
(of a quality) which you are born with, or which is present naturally
91
to aggregate
something formed by adding together several amounts or things
92
plausible
possibly true; able to be believed
93
substantively
in a way that is important, serious, or related to real facts
94
to confound
to confuse and very much surprise someone, so that they are unable to explain or deal with a situation
95
to dissect
to examine or consider something in detail
96
Anecdotal evidence
evidence from anecdotes: evidence collected in a casual or informal manner and relying heavily or entirely on personal testimony
97
Mitigating
making something less harmful, unpleasant, or bad
98
Undue
more than is necessary, acceptable, or reasonable
99
to glean
to collect information in small amounts and often with difficulty
100
oversight
a mistake made because of a failure to notice something
101
determination
- the ability to continue trying to do something, although it is very difficult - the process of controlling, influencing, or deciding something
102
to alternate
to happen or exist one after the other repeatedly
103
to mimic
to copy the way in which a particular person usually speaks and moves, usually in order to make people laugh
104
to dismantle
to take a machine apart or to come apart into separate pieces
105
to embrace
to include something, often as one of a number of things
106
robust
strong and unlikely to break or fail
107
to strive
to try hard to do something or make something happen, esp. for a long time or against difficulties

Anglu (16 decks)

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