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In Spanish law. An irregular action committed with violence against law, custom, or reason. … [Read more...] about DESAFUERO

Forsaken; abandoned; deserted; cast away. Personal property abandoned or thrown away by the owner In such manner as to indicate that he intends to make no further claim thereto. 2 Bl. Comm. 9; 2 Reeve, Eng. Law, 9. Land left uncovered by the receding of water from its former bed. 2 RoUe, Abr. 170; 2 Bl. Comm. 262: 1 Crabb, Real Prop. 109. In maritime law. A boat or vessel found … [Read more...] about DERELICT

The process of being derelict. To leave or abandon one's duty, e.g. dereliction of his duties as a police officer. Law Dictionary - Alternative Legal Definition The gaining of land from the water, in consequence of the sea shrinking back below the usual water mark; the opposite of alluvion, (q. v.) Dyer, 326b; 2 Bl. Comm. 262; 1 Steph. Comm. 419; Linthlcum v. Coan, 64 Md. 439, … [Read more...] about DERELICTION

contracts. Usually defined to be a naked bailment of goods to be kept for the bailor, without reward, and to be returned when he shall require it. Pothier defines it to be a contract, by which one of the contracting parties gives a thing to another to keep, who is to do so gratuitously, and obliges himself to return it when he shall be requested. 2. Deposits, in the civil law, … [Read more...] about DEPOSIT

The recognition that an asset has a useful life and that each year its value will decrease as a result of wear and tear until it becomes of no value to the business. … [Read more...] about DEPRECTIATION