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
Q

workout

A

a type of financial arrangement for someone who is having difficulty paying back their debts

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26
Q

to impose

A

to introduce a new law, tax, rule, or punishment

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27
Q

to introduce a new law, tax, rule, or punishment

A

to help people deal with a process or reach an agreement or solution without getting directly involved in the process, discussion, etc. yourself

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28
Q

feasible

A

possible to do and likely to be successful

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29
Q

prudent

A

careful in the way that you make decisions or spend money so that you avoid unnecessary risks

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30
Q

to replicate

A

to make or do something again in exactly the same way

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31
Q

Pareto efficiency

A

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

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32
Q

ransom

A

a large amount of money that is demanded in exchange for someone who has been taken prisoner, or sometimes for an animal

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33
Q

to bolster

A

to support something, or make something stronger

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34
Q

unaccustomed

A

(of a person) not familiar with or experienced at something

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35
Q

elusive

A

difficult to describe, find, achieve, or remember

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36
Q

venue

A

the city or county in which a trial happens

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37
Q

disenfranchised

A

not having the right to vote, or a similar right, or having had that right taken away

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38
Q

integrity

A

the quality of being honest and having strong moral principles that you refuse to change

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39
Q

inhibited

A

not confident enough to say or do what you want

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40
Q

rampant

A

used to describe something bad that gets worse very quickly and in an uncontrolled way

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41
Q

merit

A

the quality of being good and deserving praise

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42
Q

contagion

A

the fact of economic problems in one country, region, etc. spreading to another

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43
Q

standstill

A

a condition in which all movement or activity has stopped

44
Q

to dodge

A

to avoid being hit by something by moving quickly to one side

45
Q

resolution

A

an official decision that is made after a group or organization has voted

46
Q

impasse

A

a situation in which progress is impossible, especially because the people involved cannot agree

47
Q

to reprimand

A

to express to someone your strong official disapproval of them

48
Q

to opine

A

to express an opinion

49
Q

assertion

A

a statement that you strongly believe is true

50
Q

to forgo

A

to give up or do without

51
Q

to allege

A

to say that someone has done something illegal or wrong without giving proof

52
Q

discernible

A

able to be seen or understood

53
Q

zeal

A

great enthusiasm or interest

54
Q

anecdotal

A

based on reports or things someone saw rather than on proven facts

55
Q

to underscore

A

to emphasize the importance something

56
Q

tranche

A

one of several parts of a financial arrangement, payment, amount, etc.

57
Q

to garner

A

to collect something, usually after much work or with difficulty

58
Q

to overhaul

A

to repair or improve something so that every part of it works as it should

59
Q

adverse

A

having a negative or harmful effect on something

60
Q

antagonist

A

a person who is strongly opposed to something or someone

61
Q

behest

A

a request

62
Q

adherence

A

the fact of someone behaving exactly according to rules, beliefs, etc.

63
Q

surge

A

a sudden and great increase

64
Q

bust

A

a period of slow economic activity and lack of growth

65
Q

harbinger

A

a person or thing that shows that something is going to happen soon, especially something bad

66
Q

doom

A

death, destruction, or any very bad situation that cannot be avoided

67
Q

junk bond

A

a bond that has a high risk that it will not be paid back, but that may possibly make a large profit

68
Q

upshot

A

something that happens as a result of other actions, events, or decisions

69
Q

deluge

A

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

70
Q

flurry

A

a sudden light fall of snow, blown in different directions by the wind

71
Q

limbo

A

an uncertain situation that you cannot control and in which there is no progress or improvement

72
Q

to vie

A

to compete with other people to achieve or get something

73
Q

disclosure

A

the act of making something known or the fact that is made known

74
Q

impaired

A

damaged in a way that makes something less effective

75
Q

to engage

A

to cause someone to become interested or involved in an activity, or to attract someone’s interest

76
Q

docket

A

a list of cases to be dealt with in a law court

77
Q

to entice

A

to persuade someone to do something by offering them something pleasant

78
Q

to encourage

A

to make someone more likely to do something, or to make something more likely to happen

79
Q

consistent

A

always behaving or happening in a similar, especially positive, way

80
Q

motion

A

a formal suggestion made, discussed, and voted on at a meeting

81
Q

to consummate

A

to make something complete or perfect

82
Q

to foster

A

to encourage the development or growth of ideas or feelings

83
Q

admittedly

A

used when you are agreeing that something is true, especially unwillingly

84
Q

prevalence

A

the fact that something is very common or happens often

85
Q

discernible

A

able to be seen or understood

86
Q

detrimental

A

causing harm or damage

87
Q

indenture

A
  • 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
Q

alleged

A

said or thought by some people to be the stated bad or illegal thing, although you have no proof

89
Q

pleading

A

urgent, emotional statements or requests for something

90
Q

innate

A

(of a quality) which you are born with, or which is present naturally

91
Q

to aggregate

A

something formed by adding together several amounts or things

92
Q

plausible

A

possibly true; able to be believed

93
Q

substantively

A

in a way that is important, serious, or related to real facts

94
Q

to confound

A

to confuse and very much surprise someone, so that they are unable to explain or deal with a situation

95
Q

to dissect

A

to examine or consider something in detail

96
Q

Anecdotal evidence

A

evidence from anecdotes: evidence collected in a casual or informal manner and relying heavily or entirely on personal testimony

97
Q

Mitigating

A

making something less harmful, unpleasant, or bad

98
Q

Undue

A

more than is necessary, acceptable, or reasonable

99
Q

to glean

A

to collect information in small amounts and often with difficulty

100
Q

oversight

A

a mistake made because of a failure to notice something

101
Q

determination

A
  • the ability to continue trying to do something, although it is very difficult
  • the process of controlling, influencing, or deciding something
102
Q

to alternate

A

to happen or exist one after the other repeatedly

103
Q

to mimic

A

to copy the way in which a particular person usually speaks and moves, usually in order to make people laugh

104
Q

to dismantle

A

to take a machine apart or to come apart into separate pieces

105
Q

to embrace

A

to include something, often as one of a number of things

106
Q

robust

A

strong and unlikely to break or fail

107
Q

to strive

A

to try hard to do something or make something happen, esp. for a long time or against difficulties