The series of persons who have descended from a common ancestor, placed one under the other, in the order of their birth. It connects successively all the relations by blood to each other. Vide Consanguinity; Degree. … [Read more...]

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

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...]

A limitation on the legal liability of a person or business, such as a corporation limiting the liability of shareholders to the amount spent investing in the business (absent exceptions) for the debts, claims and other liabilities of a corporation. … [Read more...]

Properly speaking lineage is the relationship of persons in a direct line; as the grandfather, the father, the son, the grandson. Race; progeny; family, ascending or descending. … [Read more...]