12 Terms
Contributors in Legal
Legal
Allegation
Law; Legal
In law: A formal accusation or charge against somebody (often in a court of law).
Obligation
Law; Legal
A legal agreement stipulating a specified payment or action, especially if the agreement also specifies a penalty for failure to comply.
Liquidation
Law; Legal
The process of terminating the affairs of a business firm, etc., by realising its assets to discharge its liabilities.
Adjudication
Law; Legal
The final judgement in a legal proceeding; the act of pronouncing judgement based on the evidence presented.
Shareholder
Law; Legal
Any person, company, or other institution that owns at least one share in a company.
