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
L
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
LEGITIMATE CHILD
the name given to a child who is born of married parents or a child born out of wedlock who has acquired legitimacy. … [Read more...] about LEGITIMATE CHILD