Abavus – this Latin term finds application in the Family Law in some legal systems. Most of all, this term details the figure of the grandfather’s grandfather. See more legal Latin terms at www.legal-latin.com

Abatement of tax – within the meaning, given by the Tax Law, this is considered to be a reduction which the debtor of tax, payable to their creditors may claim. Usually, debtors ask for such reduction when prescription deadlines for…

Abatement of bequest – this legal term applies in the area of Inheritance Law in some countries. There the abatement of bequest details the process of distribution of the assets, left by a testator at his death among the various…

Abatement clause – this term finds application within the area of Contract Law. There abatement clause refers to a clause, stipulated in rental agreements, that entitles the tenant to cancel it. Such right occurs when a force majeure event or…

Abatementum – this term comes from Latin: In the area of Inheritance Law, it is used to describe the abatement of freehold. In other words, it represents a wrongful dispossession of an heir, which is done by third interested parties.…

Abandonment value – this term is used in the Insolvency Law in some legal systems, where it details the liquidation cash value of a concrete material asset. I.e. this would be a fair market value which the creditors of the…

Abandonment clause – within the meaning, given by the Insurance law in many jurisdictions, this term is sometimes implemented in real estate insurance policies. It allows the real estate owner to abandon their real estate if it is completely damaged,…

Abandonee – Abandonee is someone who receives a legal right by somebody. in the sphere of Real Estate Law, this legal term refers fo the figure of a person to whom property right or real estate is legally abandoned or…

Abandoned infant – within the Child Care procedures, this phrase refers to the figure of a small child, which has been left somewhere in public places (like on a bench in the park, or in a store) without any identification…

Abandonment – This legal term finds application within the area of Contract Law in some legal systems. There it refers to the act of giving up a legal right toward a third party. In other words – to give your…