law — / lȯ/ n [Old English lagu, of Scandinavian origin] 1: a rule of conduct or action prescribed or formally recognized as binding or enforced by a controlling authority: as a: a command or provision enacted by a legislature see also statute 1 b:… … Law dictionary
equity — eq·ui·ty / e kwə tē/ n pl ties [Latin aequitat aequitas fairness, justice, from aequus equal, fair] 1 a: justice according to fairness esp. as distinguished from mechanical application of rules prompted by considerations of equity comity between… … Law dictionary
equity of redemption — 1: the right of a defaulting mortgagor to redeem the mortgaged property before an absolute foreclosure 2: the interest or estate remaining to a mortgagor in mortgaged property; also: the value of such interest Merriam Webster’s Dictionary of Law … Law dictionary
Cumberland School of Law's Center for Biotechnology, Law, and Ethics — The Center for Biotechnology, Law, and Ethics … Wikipedia
Report of the Review Committee on Insolvency Law and Practice — (1982) Cmnd 8558, also known as the Cork Report was an investigation and set of recommendations on modernisation and reform of UK insolvency law. It was chaired by Kenneth Cork and was commissioned by the Labour government in 1977. The Cork… … Wikipedia
equity commitment letter — USA In leveraged buyouts (LBOs) by private equity firms, a letter agreement entered into between the private equity fund and the acquisition vehicle formed to finance the acquisition of a portfolio company. In the equity commitment letter, the… … Law dictionary
equity — A term having a variety of meanings. The mitigating principles, by the application of which substantial justice may be attained in particular cases wherein the prescribed or customary forms of ordinary law seem to be inadequate. A complex system… … Ballentine's law dictionary
equity sponsor — USA Also know as a sponsor. Typically the manager or general partner of a private equity or venture capital investment fund. The sponsor is typically run by one or more private equity or venture capital investment professionals who are responsibl … Law dictionary
equity cure — United Kingdom A provision in a facility agreement which permits the shareholders of the borrower to inject additional equity into the borrower to cure a financial covenant breach arising because of a shortfall in cash flow or, sometimes, EBITDA … Law dictionary
law merchant — A body of commercial law embracing the usages of merchants in different commercial countries, but not resting exclusively on the institutions and local customs of any particular country, consisting of certain principles of equity and usages of… … Ballentine's law dictionary