The Law Dictionary

LIQUID ASSET

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

An asset which can be converted into cash very quickly and easily and with limited or no loss in the exchange. … [Read more...]

LISTED

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

Included in a list; put on a list, particularly on a list of taxable persons or property. Also placed on a list which may also be public, e.g. a company that is listed on the stock exchange. … [Read more...]

LINE OF CREDIT

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

Credit that is extended and made available for a period of time. … [Read more...]

LINEA

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

Lat. A line; line of descent. See Line. Linea obliqua. In the civil law. The oblique line. More commonly termed "linea transversahs^Tiinea recta. The direct line; the vertical line. In computing degrees of kindred and the succession to estates, this term denotes the direct line of ascendants and descendants. Where a person springs from another immediately, or mediately through … [Read more...]

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