When the law creates a specific remedy to deal with a particular harm, e.g. states that limit work-related injuries to workers' compensation, which is an exclusive remedy. … [Read more...]
EXCHANGE
(A) com. law. This word has several significations. 2. 1. Exchange is a negotiation by which one person transfers to another funds which he has in a certain place, either at a price agreed upon, or which is fixed by commercial usage. This transfer is made by means of an instrument which represents such funds, and is well known by the name of a bill of exchange. 3. 2. The price … [Read more...]
EXCLUSIVE RIGHT
A privilege or right that is exclusive or special to on the person possessing it. … [Read more...]
EXCHEQUER
That department of the English government which has charge of the collection of the national revenue; the treasury department. It is said to have been so named from the chequered cloth, resembling a chess-board, which anciently covered the table there, and on which, when certain of the king's accounts were made up, the sums were marked and scored with counters. 3 Bl. Comm. 44. … [Read more...]
EXCOMMENCEMENT
Excommunication, (q. v.) Ce. Litt. 134a. … [Read more...]