A notice provided that something will expire, such as a policy. … [Read more...]

Lat. Explanation; exposition ; interpretation. Expositio qusa ex visceribus causae naseitnr, est aptlssima et fortissima in lege. That kind of interpretation which is born [or drawn] from the bowels of a cause is the aptest and most forcible in the law. 10 Coke, 24b. … [Read more...]

estates. Having a relation to or dependence upon something future. 2. Estates are of two sorts, either in possession, sometimes called estates executed; or in expectancy, which are executory. Expectancies are, first, created by the parties, called a remainder; or by act of law, called a reversion. 3. A bargain in relation to an expectancy is, in general, considered invalid. … [Read more...]

Accounting term; money expended for the current operation of the business, e.g. rent, utilities, salaries, etc. as opposed to the long term investments in the business, which are referred to as capital expenditures. … [Read more...]

Having relation to, or depending upon something; this word is frequently used in connexion with fee, as fee expectant. … [Read more...]