An initial, lump sum cash payment paid by a purchaser of real estate or property of significant value that will likely be financed, such as a home or a truck. The buyer usually takes out a loan and pays monthly installments. … [Read more...]
DRAM
In common parlance this term means a drink of some substance containingalcohol something which can produce intoxication. … [Read more...]
DOWNSIZE
To reduce, usually a workforce. … [Read more...]
DRAM SHOP ACT
Law which holds the seller of alcohol and intoxicating substances liable for the injuries caused by an intoxicated person to a third party. The liability of a bar for serving patrons who clearly are in danger of being intoxicated and driving while impaired. … [Read more...]
DOWRESS
A woman entitled to dower. 2. In order to entitle a woman to the rights of a dowress at common law, she must have been lawfully married, her husband must be dead, he must have been seised, during the coverture, of an estate subject to dower. Although the marriage may be void able, if it is not absolutely void at his death, it is sufficient to support the rights of the dowress. … [Read more...]