Partnership insurance – this legal phrase is applicable in some legal systems, where a specific business insurance policy could be concluded under the terms of which, in one of the partners dies, then the insurance company will provide enough funds…
Partnership contract – in terms of Contracts Law, this legal phrase refers to a concluded agreement by separate businesses, where they intend to reach common goals and increase their profit, via performing common projects and contributing their own efforts and…
Partnership at will – in terms of Business Law, this legal phrase details formed temporary business partnership, which could be ended by any of the partners on their sole inretion at any time, without taking any further responsibility to the…
Partnership – in the sphere of Corporate Law this term describes the body of legal business organization in which two or more persons carry on a business together. Business partners are fully liable for all the debts of the enterprise…
Particulars of claim – This legal phrase describes a document which contains details of the claimant’s claim which must be contained in the claim form or served shortly after the claim form has been served. The particulars should be a…
Partition – in the area of Civil Law in many jurisdictions this is procedure of splitting/dividing assets among parties (usually co-owners or number of heirs of the decedent). The partition can be out-of-court procedure or it could be performed via…
Particular real estate – within the meaning, given by the Real Estate Law in many legal systems this is considered to be a life real estate or real estate for years which precedes a future real estate or interest.
Particular lien –in the Property Law this term refers to established possessory lien by the force of which the temporary possessor of goods or items is entitled to retain these until a debt that occured with relation to those concrete…
Participative – this legal term is used in court trials where details the figure of a person who has been involved or related to the pending lawsuit.
Participation policy – in the sphere of Insurance Law, this phrase details a concluded life insurance policy, which delivers dividends, payable by the insurance company to the insured person during his life, usually on annual payment basis.