L

Lat. In the civil law. To cast the burden of a suit upon another; particularly used with reference to a purchaser of property who, being sued in respect to it by a third person, gives notice to his vendor and demands his aid in its defense. See Mackeld. Rom. Law, 8 403. … [Read more...] about LITEM DENUNCIARE

A person appointed to carry out the winding up of a company. Official liquidator. In English law. A person appointed by the judge in chancery, in whose court a joint stock company is being wound up, to bring and defend suits and actions in the name of the company, and generally to do all things necessary for winding up the affairs of the company, and distributing its assets. 3 … [Read more...] about LIQUIDATOR

Lat. To make a suit his own. Where a judex, from partiality or enmity, evidently favored either of the parties, he was said litem suam facere. Calvin. … [Read more...] about LITEM SUAM FACERE

The amount of cash available to a person or entity. … [Read more...] about LIQUIDITY

Lat. A letter. The letter of a law, as distinguished from its spirit See Letter. Litera Pisana. The Pisan letter. A term applied to the old character in which the copy of the Pandects formerly kept at Pisa, in Italy, Was written. Spelman. … [Read more...] about LITERA