Annuitant is an investor or a pension plan beneficiary who is entitled to receive the regular payments of a pension or an annuity.
Cases such as this one from New Hampshire, explain that an ‘annuitant’ “enjoys status...
business sectors
annuity
Annuities are long-term contracts between individuals and insurance companies that individuals typically enter into as part of retirement planning. Individuals make payments to the insurance company, which the insurance company will in...
annulment
An annulment is a legal procedure that voids a marriage and declares it null from its inception. Unlike divorce, the effect of declaring a marriage void is retroactive, meaning that the marriage was void at the time it was entered into. It...
anti-greenmail provision
An anti-greenmail provision is a provision within a corporate charter that prevents the company’s board of directors from making greenmail payments.
Greenmail payments refer to payments made by a corporation to buy out the...
antitrust laws
The three key federal statutes in Antitrust Law are Sherman Act Section 1, Sherman Act Section 2, and the Clayton Act.
The Per Se Rule v. the Rule of Reason:Violations under the Sherman Act take one of two forms -- either...
antitrust violations
Antitrust violations occur when an antitrust law is broken; laws protecting trade and commerce from abusive practices such as price-fixing, restraints, price discrimination, and monopolization. The three key federal statutes in Antitrust Law...
apparent authority
Apparent authority is the power of an agent to act on behalf of a principal, even though not expressly or impliedly granted. This power arises only if a third party reasonably infers, from the principal's conduct, that the principal granted...
ARM
ARM stands for ‘adjustable-rate mortgage’, which is a type of home loan that has a fixed interest rate for an initial period of time, then after a certain point the rate changes, which means it is no longer a fixed interest rate, but rather...
arrearages
Arrearages broadly refers to being in arrears or owing a debt. There are two main uses of the term. One refers to payments in arrears that are meant to occur after they are owed, such as wages paid a week after time is entered or for invoices...
Articles of Incorporation
Articles of Incorporation refers to the highest governing document in a corporation. It is also known known as the corporate charter. The Articles of Incorporation generally include the purpose of the corporation, the type and number of...