Retaliation – this legal term literally means “revenge” or “vengeance”. Most legal systems do not allow the retaliation as a punishment for harmed personal rights. This role has been given to worldwide recognized authorities called “courts” which decide on the…

Retaining profit – this term applies in the Corporate Law in some legal systems, where refers to the net profit, available once the dividends have been shared among the shareholders. Many companies have reserve funds where they keep the retaining…

Retainage – this legal term applies in the off-plan property purchases. In most jurisdictions it details the last part of the purchase price, which is to be paid to the developer once the building is completed (with Permission for usage).…

Retainer fee – This term is formed from the words “retain” (hold, preserve) and “fee” (payment, reward). In the legal practice – for example in the conveyance procedures this legal term details the legal fee (in full or part of…

Retain – this legal term has different meaning, depending of where it has got application: 1) To hold legal security in your possession. 2) To hold something in your possession. In this meaning, the word relates to the legal term…

Retail – in terms of the Commercial Law, this word refers to the sale of small goods per quantity. Usually small local stores do retail trading, offering goods and services directly to buyers, and trading via retail sale contract. It…

Resumption – in other words this term means “starting something again from the point or stage where it has been previously stopped”. In the practice, namely in the sphere of Procedural Law this could be resumption of term/deadline, for example.…

Resultory condition – in the legal practice, this legal term applies in the Law of Contracts. There it refers to a condition, agreed by the parties to establish refund of the paid debt. In other words when this condition (or…

Resulting trust – This legal term usually applies in the Court Trials, where details a trust that is presumed by the court from certain situations. Similar to a constructive trust but for resulting trusts, the court presumes an intention to…

Resulting power – this legal term applies in the Constitutional Law in some legal systems. There it relates to the authority, given by the Constitution to the elected ruler (a president, for example) by the sovereign. Resulting powers are extension…