In the place of a parent. 2. It is frequently important in cases of devises and bequests, to ascertain whether the testator did or did not stand towards the devisee or legatee, in loco parentis. In general, those who assume the parental character may be considered as standing in that relation but this character must clearly appear. 3. The fact of his so standing may be shown by … [Read more...] about LOCO PARENTIS
L
LODEMANAGE
The hire of a pilot for conducting a vessel from one place to another. CowelL … [Read more...] about LODEMANAGE
LLOYD’S
An association in the city of London, for the transaction of marine insurance, the members of which underwrite each other's policies. See Durbrow v. Eppens, 65 N. J. Law, 10, 46 Atl. 585. Lloyd's bonds. The name «f a class of evidences of debt, used in England; being acknowledgments, by a borrowing company made under its seal, of a debt incurred and actually due by the company … [Read more...] about LLOYD’S
LOBBY
An attempt to influence politicians to vote in an certain way on a certain issue. A lobby can be a group focusing on raising a politicians awareness on an issue in order to influence them in a direction of interest. … [Read more...] about LOBBY
LLP
See limited liability partnership. … [Read more...] about LLP