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LOST PROFITS

by Law Professor

Breach of contract damages that make the non-breaching party whole by compensating the party for profits that would have been made but for the breach. … [Read more...] about LOST PROFITS

LOQUELA

by Law Professor

Lat. A colloquy; talk. In old English law, this term denoted the oral: altercations of the parties to a suit, which led to the issue, now called the "pleadings." It also designated an "imparlance," (q. v.,) both names evidently referring to the talking together of the parties. Loguela sine die, a postponement to an indefinite time. Loquendum ut vulgus; sentiendum ut docti. We … [Read more...] about LOQUELA

LOST PROPERTY

by Law Professor

Property that has been misplaced or carelessly left by the true owner and has not been found. … [Read more...] about LOST PROPERTY

LORD

by Law Professor

In English law. A title of honor or nobility belonging properly to the degree of baron, but applied also to the whole peerage, as In the expression "the house of lords." 1 Bl. Comm. 396 400. A title of office, as lord mayor, lord commissioner, etc. In feudal law. A feudal superior or proprietor ; one of whom a fee or estate Is held. Law lords. See Law. Lord advocate. The chief … [Read more...] about LORD

LOST WAGES

by Law Professor

Wages or employment compensation that was lost and unable to be earned as a result of an injury caused by the acts of another person or party. … [Read more...] about LOST WAGES

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