N

A common abbreviation of "norratio," (q. v.) A declaration in an action. Jacob. … [Read more...] about NARR

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

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

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

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