(1) Business when two companies merge or join together to become one entity. (2) (A) Where a greater and lesser thing meet, and the latter loses its separate existence and sinks into the former. It is applied to estates, rights, crimes, and torts. (B) estates. When a greater estate and less coincide and meet in one and the same person, without any intermediate estate, the less … [Read more...] about MERGER
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MESNALTY, OR MESNALITY
A manor held under a superior lord. The estate of a mesne. … [Read more...] about MESNALTY, OR MESNALITY
MERIDIES
In old English law. Noon. Fleta, lib. 5, c. 5, … [Read more...] about MERIDIES
MESNE
Intermediate; intervening; the middle between two extremes, especially of rank or time. An intermediate lor,d; a lord who. stood between a tenant and the chief lord; a lord who was also a tenant "Lord, mesne, and tenant; the tenant hojdeth by four pence, and the mesne by twelve pence." Co. Litt. 23a. Mesne assignment. If A. grant a lease of land to B., andB. assign his … [Read more...] about MESNE
MERIT PAY
The salary of an employee based upon the merit of the work performed by the employee, such as the level of work, the amount of experience. … [Read more...] about MERIT PAY
