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MEANING AND USE OF THE LEGAL TERMS: AMBIGUITAS PATENS Ambiguitas Patens: Meaning and Use Meaning: Ambiguitas Patens is a Latin legal term that translates to “patent ambiguity” in English. In the realm of law, particularly contract law, this term refers to a type of ambiguity that is apparent on the face of a document or […]
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MEANING AND USE OF THE LEGAL TERMS: AMBIGUITASLATENS Ambiguitas Latens Ambiguitas Latens is a legal term derived from Latin, referring to a hidden or latent ambiguity. In legal contexts, it describes a situation where a document or contract appears clear and unambiguous on its face, but upon closer inspection or when applied to specific circumstances,
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MEANING AND USE OF THE LEGAL TERM: AD VALOREM Ad valorem is a Latin term meaning “according to value.” In legal contexts, especially in taxation and customs, ad valorem refers to a type of tax or duty calculated as a percentage of the assessed value of a product or property. This tax is based on
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MEANING AND USE OF THE LEGAL TERMS: ALIBI ALIBI An alibi is a legal defense strategy used to prove that the accused was in a different place at the time the alleged offense was committed and therefore couldn’t have been involved. It’s an assertion of innocence by providing evidence or testimony that places the accused
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MEANING AND USE OF THE LEGAL TERMS: AD NAUSEAM Ad Nauseam is a Latin term that translates to “to the point of nausea” in English. In legal contexts, it refers to an argument or discussion that has been carried to an excessive degree, becoming repetitive or overly tedious. The term is used to signify a
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MEANING AND USE OF THE LEGAL TERM: Ad Infinitum The term “ad infinitum” is a Latin phrase that translates to “to infinity” or “endlessly.” In legal contexts, it signifies a situation or action that continues indefinitely or without limit. This term is commonly used in legal documents, contracts, and discussions to emphasize that a particular
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MEANING AND USE OF THE LEGAL TERM: AD IDEM Ad Idem is a Latin term that translates to “of the same mind.” In legal contexts, it refers to parties reaching a mutual understanding or agreement on the same point or issue within a contract or negotiation. When individuals or entities are said to be ad
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MEANING AND USE OF THE LEGAL TERMS: AB INITIO “Ab initio” is a Latin term that translates to “from the beginning.” In legal contexts, it refers to something being nullified or considered invalid from the outset, as if it never existed or occurred. This term is commonly used in various legal situations: Contracts: If a
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MEANING OF MANDATE SNATCHING & SUCCESS FEE Understanding the Meaning of Mandate Snatching and Success Fee In the world of business and finance, two terms that often arise in discussions about deals, contracts, and negotiations are “mandate snatching” and “success fee.” These concepts play a crucial role in various industries, including investment banking, real estate,
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