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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Agreement

Mutual consent.The statement (oral or written) of an exchange of promises.

Amortization

The reduction of a debt over time by making periodic payments (usually monthly)

Annuity

The annuity is a policy that you purchase and that pays for an amount of benefits every year. For example a life annuity which pays you back the money you payed plus an interest in case something ...

Appraisal

A process for estimating the market value of a particular property. Generally used for mortgage purposes.

Appraiser

A person who conducts appraisals and writes reports of the appraisal.

ARM

Mortgage loans under which the interest rate is periodically adjusted to more closely coincide with current rates. The amounts and times of adjustment are agreed to at the inception of the ...

Arrest warrant

A document given by the judge that allows the police to arrest somebody.

Attorney

The attorney or the lawyer is an authorised person to practice law, to give legal advices and to represent people in trials

Attorney General

The chief official of the US Department of Justice or the Attorney General's designee.

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