Useful nouns, 2nd Year

Question 1

A person who is appointed to deal with financial or other matters on behalf of another person.

Answer 1

Nominee

Question 2

A licence to trade using a brand name and paying a royalty for it.

Answer 2

Franchise

Question 3

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).

Answer 3

Ombudsman

Question 4

Somebody who gives a guarantee

Answer 4

Guarantor

Question 5

A failure to carry out the terms of an agreement, a contract, etc

Answer 5

Breach

Question 6

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.

Answer 6

Acceptance

Question 7

The notifiable offence of telling lies when you have made an oath to say what is true in court.

Answer 7

Perjury

Question 8

Somebody who has committed a civil wrong to somebody, entitling the victim to claim damages.

Answer 8

Tortfeasor

Question 9

A payment made by a person or company to cover the cost of damage or hardship which he / she /it has caused.

Answer 9

Compensation

Question 10

An attempt by a third party to make the two sides in an argument agree

Answer 10

Mediation

Question 11

A document in which a company acknowledges it owes a debt and gives the company’s assets as security

Answer 11

Debenture

Question 12

The closing of a company and the selling of its assets.

Answer 12

Liquidation

Question 13

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

Answer 13

Damages

Question 14

The legal responsibility for paying someone for loss or damage incurred.

Answer 14

Liability

Question 15

A failure to give proper care to something, especially a duty or responsibility, with the result that a person or property is harmed.

Answer 15

Negligence

Question 16

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).

Answer 16

Goodwill

Question 17

A court order telling a person or a company to stop doing something, or telling them not to do it in the first place

Answer 17

Injunction

Question 18

To send someone to prison or to a court

Answer 18

Commit

Question 19

An adjective referring to a judge or to the law.

Answer 19

Judicial

Question 20

Not guilty of a crime.

Answer 20

Innocent

Question 21

Any act which is not legal.

Answer 21

Offence

Question 22

A person who has studied law and can act for people on legal business

Answer 22

Lawyer

Question 23

A disagreement or argument between parties

Answer 23

Dispute

Question 24

A specialist court outside the judicial system which examines special problems

Answer 24

Tribunal

Question 25

A set of arguments or facts put forward by one side in a legal proceeding

Answer 25

Case

Question 26

An official who presides over a court

Answer 26

Judge

Question 27

To make an allegation in legal proceedings

Answer 27

Plead

Question 28

Someone who is accused of a crime in a criminal case

Answer 28

defendant

Question 29

A person who makes a claim against someone in a civil court.

Answer 29

Claimant

Question 30

An agreement reached after an argument.

Answer 30

Settlement

Question 31

To hold someone legally so as to charge them with a crime.

Answer 31

Arrest

Question 32

A case which is being heard by a committee, tribunal or court of law.

Answer 32

Hearing

Question 33

To find that someone is guilty of a crime.

Answer 33

Convict

Question 34

To bring someone to court to answer a criminal charge

Answer 34

Prosecute

Question 35

To ask a high law court to change its decision or sentence.

Answer 35

Appeal

Question 36

To say that someone has committed a crime.

Answer 36

Charge

Question 37

Having the legal ability to force someone to do something.

Answer 37

Binding

Question 38

An adjective referring to the rights and duties of private persons or organisations

Answer 38

Civil

Question 39

The arguments used when fighting a case.

Answer 39

Defence

Question 40

A legal agreement between two or more parties

Answer 40

Contract

Question 41

An adjective referring to crime

Answer 41

Criminal

Question 42

A group of 12 citizens who decide whether or not someone is guilty in a trial

Answer 42

Jury

Question 43

A written or spoken statement of facts which helps to prove or disprove something at a trial.

Answer 43

Evidence

Question 44

To order someone to pay money as a punishment

Answer 44

Fine

Question 45

responsible for what had happened

Answer 45

Accountable

Question 46

being acceptable because it is true or relevant

Answer 46

valid

Question 47

Not biased or prejudiced

Answer 47

Impartial

Question 48

difficult to value as it does not exist physically

Answer 48

Intangible

Question 49

financial expression

Answer 49

pecuniary

Question 50

not having happened before

Answer 50

unprecedent

Question 51

not having any legal effect

Answer 51

void

Question 52

referring to evidence which a court will allow to be used

Answer 52

admissible

Question 53

where everyone votes in the same way

Answer 53

unanimous

Question 54

able or allowed to do something

Answer 54

eligible

Question 55

very strong, so that it is not possible for two sides to reach an agreement

Answer 55

irreconcilable

Question 56

serious negligence

Answer 56

gross

Question 57

Able to be removed

Answer 57

Deductible

Question 58

not able to pay debts

Answer 58

insolvent

Question 59

Acting as trustee for someone else, or being in a position of trust

Answer 59

fiduciary

Question 60

To make something weaker or less effective

Answer 60

undermine

Question 61

People who have invested in and own part of a business, or people who have a personal interest in how something happens

Answer 61

stakeholders

Question 62

Open and honest about its actions

Answer 62

transparent

Question 63

People who own shares in a company

Answer 63

shareholders

Question 64

Business dealings and other actions

Answer 64

transactions

Question 65

To ask someone for something (in this case, for an immoral or unethical purpose)

Answer 65

solicit

Question 66

Something which encourages

Answer 66

incentive

Question 67

Money offered corruptly to someone to get him to do something to help you

Answer 67

bribes

Question 68

Honesty / moral principles

Answer 68

integrity

Question 69

the way a company behaves and the way it operates within a set of self-imposed rules, or externally-imposed legislation;

Answer 69

Corporate governance

Question 70

rules that determine how a company and its employees behave, dress, deal with the public, etc

Answer 70

codes of conduct / bylaws

Question 71

ethical and moral standards that a company imposes on itself so that it operates to the best of its ability with minimum negative effect on employees, customers, neighbours, etc;

Answer 71

codes of best practice

Question 72

rules or instructions on how to so something;

Answer 72

guidelines

Question 73

make sure that something is obeyed

Answer 73

uphold