The Law Dictionary

LOAN

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A bailment without reward; consisting of the delivery of an article by the owner to another person, to be used by the latter gratuitously, and returned either in specie or in kind. A sum of money confided to another. Ramsey v. Whitbeck, 81 111. App. 210; Nichols v. Fearson, 7 Pet 109, 8 L. Ed. 623; Rodman v. Munson, 13 Barb. (N. Y.) 75; Booth v. Terrell, 16 Ga. 25; Payne v. … [Read more...]

LOCAL GOVERNMENT

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

City, town, county, municipality or state level government. It is the administrative governmental body of a region, usually smaller or limited in size. … [Read more...]

LIVING UNIT

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A home, apartment, condominium; a unit of housing. … [Read more...]

LOAN AGREEMENT

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A formal agreement which sets forth the terms and conditions of a loan in writing and signed by the parties. … [Read more...]

LOCAL LAW

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

The law created by and applicable to a limited area or jurisdiction such as a city, town, county, municipality or state. … [Read more...]

Legal Disclaimer: The content appearing on our website is for general information purposes only. When you submit a question or make a comment on our site or in our law forum, you clearly imply that you are interested in receiving answers, opinions and responses from other people. The people providing legal help and who respond are volunteers who may not be lawyers, legal professionals or have any legal training or experience. The law is also subject to change from time to time and legal statutes and regulations vary between states. It is possible that the law may not apply to you and may have changed from the time a post was made. All information available on our site is available on an "AS-IS" basis. It is not a substitute for professional legal assistance. Before making any decision or accepting any legal advice, you should have a proper legal consultation with a licensed attorney with whom you have an attorney-client privilege. For purposes of New York and New Jersey State ethics rules, please take notice that this website and its case reviews may constitute attorney advertising.