6 Terms
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General law
Common terminology used in legal business.
Industry: Law; Legal services
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General law
Public defender
Legal services; General law
A lawyer who represents indigent defendants at public expense
fixed costs
Law; General law
In economics, fixed costs, indirect costs or overheads are business expenses that are not dependent on the level of goods or services produced by the business.
locus standi
Law; General law
A right to bring an action or a right to address a court on a matter before it. For example, a person whose right is violated, has the right to approach a court. There must be sufficient reason to ...
commitment fee
Law; General law
A payment to a lender for making a loan or opening an ongoing line of credit.
safe harbor
Law; General law
Legally speaking, a safe harbor refers to that provision or clause in a statute that eliminates or lessens the liability of a party to the case under the law, considering the fact that the actions of ...
civil action
Law; General law
Legal proceedings are mainly divided into two categories- civil and criminal. A criminal action is prosecuted by the state against a person, who is charged with a public offense. Civil actions are ...
