Prorate – this terms means “to divide”. In the inheritance Law it refers to the distribution of the assets of the ancestor among the living heirs. For example, the prorate taxation provides, that any due taxes on the inheritance pot…

Propter rata defectum – this is a Latin term which means “because of a defect” or on account of a defect.’ It is used within the Commercial Law and namely in warranty claims, where refers to a challenge to a…

Proprietor – this legal term applies in the area of Property Law, where refers to the figure of the owner of a property or asset – i.e. the person who holds exclusive title to it. Alternatively, this term could detail the…

Proprietas nuda – this term comes from Latin. In the area of Real Estate Law it refers to a property, on which the owner has only the title, not the possession. I.e. a “naked real estate”, or “naked property”, which…

Proprietary interests – this legal term applies in the area of Commercial Law. The proprietary interests represents ownership shares, personal valuable rights or benefits held by the sole owner (or a co-owner) of a tangible or intangible property or asset.…

Propria persona – this term comes from Latin. Literally it means “in person”. Nowadays it is used in court procedures, where details that a party will defend them in person, i.e. – without a lawyer. An abbreviation is “pro per”.…

Pro – this term comes from Latin: It is used nowadays in the area of Business Law, where it means to divide proportionate to a certain rate or interest.

Propose a motion – this legal term is used in the area of Parliamentary Law, where means to enter an application with embedded proposal; i.e. to propose formally during the debates on a meeting within this entity, that is put…

Propound – To offer a document as being authentic or valid. Used mostly in the Wills & Probate Procedures. For example, to propound a will means to take legal action, as part of probate, including a formal inspection of the…

Proposition – this term in the Commercial Law refers to a concrete proposal for concluding a contract which, if accepted, completes the contract and binds both the party that made the offer and the party accepting the offer to the…