An unintentionally ambiguous area of a law, statute or contract which allows for a person or party to conduct an activity that was either not intended to occur or which may not have been considered and which is usually only to the beenfit of one party. … [Read more...] about LOOPHOLE
L
LOI
Letter Of Intent … [Read more...] about LOI
LOPWOOD
A right in the inhabitants of a parish within a manor, in England, to lop for fuel, at certain periods of the year, the branches of trees growing upon the waste lands of the manor. Sweet. … [Read more...] about LOPWOOD
LOITERING
A criminal charge of vagrancy. Wasting time being idle. … [Read more...] about LOITERING
LOLLARDS
A body of primitive Wes leyans, who assumed importance about the time of John Wycliffe, (1360,) and were very successful in disseminating evangelical truth; but, being implicated (apparently against their will) in the insurrection of the villeins in 1381, the statute Be Hceretico Comburen do (2 Hen. IV. c. 15) was passed against them, for their suppression. However, they were … [Read more...] about LOLLARDS
