The Law Dictionary

GO

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

To be dismissed from a court. To issue from a court "The court said a mandamus must go" 1 W. Bl. 50. "Let a supersedeas go." 5 Mod. 421. "The writ may go" 18 C. B. 35. Go bail. To assume the responsibility of a surety on a bail-bond. Go hence. To depart from the court; with the further implication that a suitor who is directed to "go hence" is dismissed from further attendance … [Read more...]

GOOD

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

1. Valid; sufficient In law; effectual ; unobjectionable. 2. Responsible; solvent; able to pay an amount specified. 3. Of a value corresponding with its terms; collectible. A note is said to be "good" when the payment of it at maturity may be relied on. Curtis v. Smallman, 14 Wend. (N. Y.) 232; Cooke v. Nathan, 16 Barb. (N. Y.) 344. Writing the word "Good" across the face of a … [Read more...]

GO BAIL

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

The process of putting up money or a security in exchange for the release of a person who has been arrested as a guarantee that the arrested person will appear for trial. Slang term for bail. … [Read more...]

GOING RATE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

The current fair market rate. The rate that the market is willing to accept at the current time. … [Read more...]

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