Lat. In the civil law. The mutual agreement of the parties to a simple contract obligation that it shall be dissolved or annulled; technically, an undoing of the consensus which created the obligation. Mackeld. Rom. Law, … [Read more...]
DISSENT
Contrariety of opinion; refusal to agree with something already stated or adjudged or to an act previously performed. The term is most commonly used In American law to denote the explicit disagreement of one or more judges of a court with the decision passed by the majority upon a case before them. In such event, the non-concurring Judge is reported as "dissenting." Dissenting … [Read more...]
DISPOSABLE INCOME
Bankruptcy denotes the difference between the debtor's monthly income and allowable expenses, which is the amount that current bankruptcy law makes available for payment into a Chapter 13 plan. … [Read more...]
DISQUALIFY
To divest or deprive of qualifications; to incapacitate; to render ineligible or unfit; as, in speaking of the "disqualification" of a judge by reason of his interest in the case, of a juror by reason of his holding a fixed preconceived opinion, or of a candidate for public office by reason of non-residence, lack of statutory age, previous commission of crime, etc. … [Read more...]
DISPOSABLE PORTION
That portion of a man's property which he Is free to dispose of by will to beneficiaries other than his wife and children. By the ancient common law, this amounted to one third of his estate if he was survived by both wife and children. 2 Bl. Comm. 492; Hopkins v. Wright, 17 Tex. 36. In the civil law (by the Lex Falcidia) it amounted to three fourths. Mackeld. Rom. Law, … [Read more...]