Glossary of legal terms

Our glossary of legal terms lets you find the terms and definitions that are commonly used in legal matters. Use the form below to find a term.

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Eminent domain

The power of the state government to take the private property and make it for public purpose against any objections of the owner of the property.

Employee

A person who is hired and get payed monthy for his work.

Employer

A person or firm who hires the services of other person called employee.

Employment

The state of being employed or having a job for which you are payed

ERISA

Acronym for the Employee Retirement Income Security Act, a law governing most private pension and benefit plans.

Escrow

Temporary deposit with a third party of assets by agreement between two parties to a contract. The money is released when the conditions of the contract are fully accomplished.

Estate

Generally it means all the property one ownes until he dies.

Estate planning

It's an act of passing your property to the ones you love wth a minimum of expenses after you die. It generally involves writing a will, living trust, healthcare directives etc.

Exchange

Also known as commute: exchange a penalty for a less severe one.

Exhibit

Show an attribute, property, knowledge, or skill; A document or other item introduced as evidence during a trial or hearing.

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