The act by which an alien is made a citizen of the United States of America. 2. The Constitution of the United States, art. 1, s. 8, vests in congress the power to establish an uniform rule of naturalization. In pursuance of this authority congress have passed several laws on this subject, which, as they are of general interest, are here transcribed as far as they are in force. … [Read more...] about NATURALIZATION
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NAKED
This word is used in a metaphorical sense to denote that a thing is not complete, and for want of some quality it is either without power, or it possesses a limited power. A naked contract, is one made without consideration, and, for that reason, it is void; a naked authority, is one given without any right in the agent, and wholly for the benefit of the principal. Law … [Read more...] about NAKED
NARRATIO
Latin: One of the common law names for a plaintiff's count or declaration, as being a narrative of the facts on which he relies. … [Read more...] about NARRATIO
NAKED OPTION
When a buyer can purchase a stock at a fixed price via an offer from a seller who does not own the stock and who will purchase the stock at market price if the buyer exercises the option to purchase the stock. … [Read more...] about NAKED OPTION
NARRATIVE
In Scotch conveyancing. That part of a deed which describes the grantor, and person in whose favor the deed is granted, and states the cause (consideration) of granting. Bell. … [Read more...] about NARRATIVE
