L

The act of awarding a contract; e.g., a construction contract, or contract for carrying the mails. … [Read more...] about LETTING OUT

A court formerly existing in the District of Columbia. It was a body charged with the administration of the ministerial and financial duties of Washington county. It was charged with the duty of laying out and repairing roads, building bridges, providing poor houses, laying and collecting the taxes necessary to enable it to discharge these and other duties, and to pay the other … [Read more...] about LEVY COURT

Also known as an LOI, a letter of intent is usually a nonbinding written declaration by a party or parties to enter into a formal obligation, in good faith, based upon the primary deal terms that are summarized in the letter. Similar to a letter of agreement, the LOI may be signed by one party who intends, in good faith, to enter into a more formal obligation and which LOI may … [Read more...] about LETTER OF INTENT

As to letters of "Administration," "Advice," "Attorney," "Credit," "Horning," "Recommendation," pee those titles. As to "Letters Patent," see PATENT. … [Read more...] about LETTRE

contracts. An instrument or writing made by creditors to their insolvent debtor, by which they bind themselves to allow him a longer time than he had a right to, for the payment of his debts and that they will not arrest or molest him in his person or property till after the expiration of such additional time. … [Read more...] about LETTER OF LICENSE