A contractual provision that prevents some provision from being deemed completely inapplicable, e.g. in the event that the law does not permit X, then the clause shall read to the maximum extent permitted under the law. … [Read more...] about SAVINGS CLAUSE
SCANDAL
A scandalous verbal report or rumor respecting some person. 2. The remedy is an action on the case. 3. In chancery practice, when a bill or other pleading contains scandal, it will be referred to a master to be expunged, and till this has been done, the opposite party need not answer. 3 Bl. Com. 342. Nothing is considered scandalous which is positively relevant to the cause, … [Read more...] about SCANDAL
SCACCARIUM
A chequered cloth resembling a chess-board, which covered the table , in the exchequer, and on which, when, certain of the king's accounts were made up, the sums were marked and scored with counters. Hence the court of exchequer, or curia scuccarii, derived its name. 3 Bl. Comm. 44. … [Read more...] about SCACCARIUM
SAVINGS AND LOAN
Banking institutions that pay out slightly higher rates on most savings accounts and use the deposits to provide mortgage loans. … [Read more...] about SAVINGS AND LOAN
SCAPELLARE
In old European law. To chop; to chip or haggle. Spelman. … [Read more...] about SCAPELLARE