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General law
Common terminology used in legal business.
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General law
Generation skipping trust
Law; General law
If a trust is designed for the principal beneficiary to be the grandchildren of the maker of the trust, with his children receiving only fixed income from it, it is called generation skipping trust. ...
Generation skipping transfer tax
Law; General law
A tax levied by the Federal Government on the money given or left to grandchildren or great grandchildren. The purpose of this is to prevent families from avoiding tax on property left by the ...
Genetic Information Nondiscrimination Act (GINA)
Law; General law
An act passed by the Federal Government on 21st May, 2008, which prohibits discrimination by insurers and employers on the basis of genetic information.
General damages
Law; General law
Pecuniary loss for injuries suffered, or breach of contract which cannot be calculated exactly, or cannot be given a value for the injuries are known as general damages. They include pain and ...
Gag order
Law; General law
When a judge issues an order prohibiting the attorneys and parties to go to the media or public with the information about the case, as he thinks it will influence the decision, it is called a gag ...
Garnish
Law; General law
It is a court order usually issued not against a debtor but a third party that holds funds for the debtor to set aside funds for the benefit of the creditor.
Gambling
Law; General law
To play a game for money or other stakes, or taking a risk for gaining an advantage.