contracts

annuitant

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...

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...

antenuptial agreement

An antenuptial agreement or a prenuptial agreement is an agreement made between parties before getting married, permitting them to individually retain certain assets during the marriage and after the marriage if divorce arises. If parties...

anticipation

Anticipation is the performance of an act or obligation before it is legally due. Some common uses of the term “anticipation” in a legal sense include:

In the context of patent law, anticipation refers to the prior invention or...

anticipatory breach

In contract law, anticipatory breach occurs when a party repudiates prior to the date that the performance is due. Anticipatory breach is an excuse for non-performance by the non-breaching party. A party can retract its anticipatory breach provided...

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...

APR

An annual percentage rate (APR) is the yearly rate charged for a loan or earned by an investment. In other words, it is a measure of the cost of credit, expressed as a yearly rate. APR includes interest as well as other fees associated with...

arbitrator

An arbitrator is a neutral third party that oversees the alternative dispute resolution method of arbitration. While arbitration as a whole is governed by the Federal Arbitration Act, the requirements to become an arbitrator are determined...

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