To change. Alterations are made either in the contract itself, or in the instrument which is evidence of it. The contract may at any time be altered with the consent of the parties, and the alteration may be either in writing or not in writing. 2. It is a general rule that the terms of a contract under seal, cannot be changed by a parol agreement. Law Dictionary - Alternative … [Read more...]

Latin: In old English law. The high sea, or seas. Co. Litt 260&. The deep sea. Super altum mare, on the high seas. Hob. 2120. … [Read more...]

Usually referring to a company set up for no purpose except to act as a cover or shield against liability to third parties and which is merely a puppet of the person or party protected. Such a corporation or company is defeated when a party pierces the corporate veil and exposes the alter ego company as a sham. … [Read more...]

A child which one has nursed ; a foster child. Dig. 40, 2, 14. One educated at a college or seminary is called an "alumnus" thereof. … [Read more...]

Variation; changing; making different. See Alter. An alteration is an act done upon the instrument by which its meaning or language is changed. If what is written upon or erased from the instrument has no tendency to produce this result, or "to mislead any person, it is not an alteration. Oliver y. Hawley, 5 Neb. 444. An alteration is said to be material when it affects, or may … [Read more...]