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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Class action

A civil action brought by one or more individuals on behalf of themselves. The purpose of a class action is to secure a judicial remedy which not only eliminates a wrong committed against an ...

Compensation

Payment or reward for performance of service.

Complaint

A formal legal document that sets out the basic facts and legal reasons that the filing party (the plaintiffs) believes are sufficient to support a claim against another person.

Compound interest

Interest earned on an investment at periodic intervals and added to the original amount of the investment

Condominium

A type of ownership that enables a person to own an apartment or house in a project of similar units.

Contractor

A person that signes a contract.

Credit report

If planning debt consolidation, order a credit report a week or so before completing an application. The credit report will confirm your exact debts and the companies that hold ...

Criminal

A person that committes a crime.

Criminal law

Relating to the laws of crimes, criminal law is everything which is not civil.The must used punishment is the imprisonment.

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