Formal acceptance of a position or award by the successful candidate using written communication. Details of a position including salary perquisites starting date location of the reporting office and the name of the superior to whom the candidate will be reporting are typical detail to insure that the candidate has this information correct.. … [Read more...] about LETTER OF ACCEPTANCE
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LEGITIMACY
Lawful birth; the condition of being born in wedlock; the opposite of illegitimacy or bastardy. Law Dictionary - Alternative Legal Definition The state of being born in wedlock; that is, in a lawful manner. 2. Marriage is considered by all civilized nations as the only source of legitimacy; the qualities of husband and wife must be possessed by the parents in order to make the … [Read more...] about LEGITIMACY
LENDER LIABILITY
Liability of lenders (such as banks providing mortgages) for failure of the borrower to replay as a result of actions by the lenders. … [Read more...] about LENDER LIABILITY
LEGITIMATE
Law Dictionary - Alternative Legal Definition(adjective) - That which is lawful, legal, recognized by law, or according to law; as legitimate children, legitimate authority, or lawful power.(verb) - To make lawful; to confer legitimacy; to place a child born before marriage on the footing of those born in lawful wedlock. … [Read more...] about LEGITIMATE
LENDING INSTITUTION
A bank or commercial entity that makes loans. … [Read more...] about LENDING INSTITUTION