An asset that is not included or disclosed on the books of a company, usually in the hope of avoiding tax or a creditor's claim. … [Read more...]

A hired soldier who departs without license, 4 Inst 128. … [Read more...]

Capable of being taken by descent A , term chiefly used in Scotch law, where it enters into several phrases. Heritable bond. A bond for a sum of money to which is added, for further security of the creditor, a conveyance of land or heritage to be held by the creditor as pledge. 1 Ross, Conv. 76; 2 Ross, Conv. 324. Heritable Jurisdictions. Grants of criminal jurisdiction … [Read more...]

In English law. An offense against religion, consisting not in a total denial of Christianity, but of some of its essential doctrines, publicly and obstinately avowed. 4 Bl. Comm. 44, 45. An opinion on divine subjects devised by human reason, openly taught and obstinately maintained. 1 Hale, P. C. 384. This offense is now subject only to ecclesiastical correction, and is no … [Read more...]

A legal requirement, obligation or right which is not extinguished as a result of the death of the person who had prior owned such rights (or who had owed such an obligation) and which rights/obligations are transferred to the deceased person's estate. … [Read more...]