Useful nouns, 2nd Year Flashcards
A person who is appointed to deal with financial or other matters on behalf of another person.
Nominee
A licence to trade using a brand name and paying a royalty for it.
Franchise
An official who investigates complaints by the public against government departments or otherlarge organisations (especially banks, travel companies, and electricity, gas, water and telecommunications providers).
Ombudsman
Somebody who gives a guarantee
Guarantor
A failure to carry out the terms of an agreement, a contract, etc
Breach
One of the main conditions of a contract, where one party agrees to what is proposed by the other party. Also the act of signing a bill of exchange to show that you agree to pay for it.
Acceptance
The notifiable offence of telling lies when you have made an oath to say what is true in court.
Perjury
Somebody who has committed a civil wrong to somebody, entitling the victim to claim damages.
Tortfeasor
A payment made by a person or company to cover the cost of damage or hardship which he / she /it has caused.
Compensation
An attempt by a third party to make the two sides in an argument agree
Mediation
A document in which a company acknowledges it owes a debt and gives the company’s assets as security
Debenture
The closing of a company and the selling of its assets.
Liquidation
Money claimed by a claimant from a defendant because of harm or damage done, or moneyawarded by a court to a claimant as a result of harm suffered by the claimant
Damages
The legal responsibility for paying someone for loss or damage incurred.
Liability
A failure to give proper care to something, especially a duty or responsibility, with the result that a person or property is harmed.
Negligence
The good reputation of a business and its contacts with its customers (for example, the name of the product it sells or its popular appeal to customers).
Goodwill
A court order telling a person or a company to stop doing something, or telling them not to do it in the first place
Injunction
To send someone to prison or to a court
Commit
An adjective referring to a judge or to the law.
Judicial
Not guilty of a crime.
Innocent
Any act which is not legal.
Offence
A person who has studied law and can act for people on legal business
Lawyer
A disagreement or argument between parties
Dispute
A specialist court outside the judicial system which examines special problems
Tribunal
A set of arguments or facts put forward by one side in a legal proceeding
Case
An official who presides over a court
Judge
To make an allegation in legal proceedings
Plead
Someone who is accused of a crime in a criminal case
defendant
A person who makes a claim against someone in a civil court.
Claimant