A mortgage loan which has an interest rate that changes over the life of the loan, based upon some market indicator, such as a weekly or monthly average of one-year U.S. Treasury Bills. ARMs frequently limit the variation of the interest so as to avoid drastic changes. … [Read more...] about ADJUSTABLE RATE MORTGAGE (ARM)
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AD TERMINUM ANNORUM
For I term of years. … [Read more...] about AD TERMINUM ANNORUM
ADAWLUT
Corrupted from Adalat, Justice, equity; a court of justice. The terms "Dewanny Adawlut" and "Foujdarry Adaw lut" denote the civil and criminal courts of justice in India. Wharton. … [Read more...] about ADAWLUT
ADELANTADO
In Spanish law. A governor of a province; a president or president judge; a judge having jurisdiction over a kingdom, or over certain provinces only. So called from having authority over the judges of those places. Las Partidas, pt 3, tit 4, 1. 1. ADELING, or ATHELING. Noble; excellent. A title of honor among the Anglo Saxons, properly belonging to the king's children. Spelman. … [Read more...] about ADELANTADO
AD TERMINUM QUI PRETERIIT
The name of a writ of entry which lay for the lessor or his heirs, when a lease had been made of lands or tenements, for term of life or years, and, after the term had expired, the lands were withheld from the lessor by the tenant, or other person possessing the same. The remedy now applied for holding over is by ejectment, or under local regulations, by summary proceedings. … [Read more...] about AD TERMINUM QUI PRETERIIT