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In Scotch practice. A technical expression applied to the decision of an inferior judge who has decided contrary to law; he is said to have committed iniquity. Bell. lniquum est alios permittere, alios inhibere mercaturam. It is inequitable to permit some to trade and to prohibit others. 3 Inst. 181. Iniquum est aUquem rei sui esse judicem. It is wrong for a man to be a judge … [Read more...] about INIQUITY

That which is so strongly present and an essential a part of something so that it always is present by the very nature of that thing. … [Read more...] about INHERENT

(1) Placed at the beginning. The initials of a man's name are the first letters of his Dame; as, G. W. for George Washington. When in a will the legatee is described by the initials of his name only, parol evidence may be given to prove his identity. 3 Ves. 148. And a signature made simply with initials is binding. (2) That which begins or stands at the beginning. The first … [Read more...] about INITIAL

An authority possessed without its being derived from another. A right, ability, or faculty of doing a thing, without receiving that right, ability, or faculty from another. … [Read more...] about INHERENT POWER

Frequently known as an IPO, the first sale of stock and securities to the public by a company in order to raise large amounts of capital. … [Read more...] about INITIAL PUBLIC OFFERING