P

Latin meaning the former; earlier; preceding ; preferable or preferred. Latin: The former; earlier; preceding; preferable or preferred. Prior petens. The person first applying. … [Read more...] about PRIOR

adj. Earlier; elder; preceding; superior in rank, right, or time; as, a prior lien, mortgage, or judgment See Fidelity, etc., Safe Deposit Co. v. Roanoke Iron Co. (C. C.) 81 Fed. 447. Prior tempore potior Jure. He who is first in time is preferred in right Co. Litt 14a; Broom, Max. 354, 358. … [Read more...] about PRIOR (ADJ.)

The most important. Preferred. First. Fr. In French law. The price of the risk assumed by an insurer; premium of insurance. … [Read more...] about PRIME

v. To stand first or paramount to take precedence or priority of; to outrank; as, in the sentence "taxes prime all other liens." … [Read more...] about PRIME (VERB)

The primary or general contractor. The contractor ultimately responsible for work contracted and being performed and the performance of subcontractors. … [Read more...] about PRIME CONTRACTOR