Latin: In old pleading. Shows to you. Formal words with which a demandant began his count. Fleta, lib. 5, c. 38, 5 2. … [Read more...]
ORIGINATION FEE
The fee that is paid to a lender in order to begin the process of completing a loan application. May also be called points and is usually a percentage of the amount of the loan. … [Read more...]
OSTENSIBLE AGENCY
An implied or presumptive agency, which exists where one, either intentionally or from want of ordinary care, induces another to believe that a third person is his agent though he never in fact employed him. Bibb v. Bancroft (Cal.) 22 Pac. 484; First Nat. Bank v. Elevator Co., 11 N. D. 280, 91 N. W. 437. … [Read more...]
ORGANIC ACT
An act of congress conferring powers of government upon a territory. In re Lane, 135 U. S. 443, 10 Sup. Ct 760, 34 L. Ed. 219. … [Read more...]
ORGANIC LAW
The fundamental law, or constitution, of a state or nation, written and unwritten; that law or system of laws or principles which defines and establishes the organization of its government. … [Read more...]