estates. One which having been limited by deed, expires or cannot vest; it then returns back to him who raised it, after such expiration, or during such impossibility. 2. When the legal seisin and possession of land is transferred by any common law conveyance, and no use is expressly declared, nor any consideration nor evidence of intent to direct the use, such use shall result … [Read more...] about RESULTING USE
RETAINER
(A) The act of withholding what one has in one's own hands by virtue of some right. 2. An executor or administrator is entitled to retain in certain cases, for a debt due to him by the estate of a testator or intestate. 3. It is proposed to inquire, 1. Who may retain. 2. Against whom. 3. On what claims. 4. What amount may be retained. (B) practice. The act of a client, by which … [Read more...] about RETAINER
RETALLIA
In old English law. Retail; the cutting up again, or division of a commodity into smaller parts. … [Read more...] about RETALLIA
RETAINED EARNINGS
The net income and earnings of the business that are not distributed to shareholders via dividends and are reinvested in the core business or used to pay debt. … [Read more...] about RETAINED EARNINGS
RESTRICTIVE COVENANT
A contact clause within which a party agrees to be restricted or limited with regard to future conduct. … [Read more...] about RESTRICTIVE COVENANT