Latin: In the civil law. A payment, properly, for the use of a thing. A rent; a payment for the use and occupation of another's house. … [Read more...] about PENSIO
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PENDENTE LITE
(A) Latin term meaning the action is pending and describes a matter which is dependent upon the outcome of a lawsuit, for example, money that may be paid into court pending the outcome of a lawsuit, which may be paid to the plaintiff if the plaintiff wins his or her case. (B) Pending the continuance of an action, while litigation continues. 2. An administrator is appointed, … [Read more...] about PENDENTE LITE
PENSION
(A) A retirement fund that is partial compensation in the future for work performed by employees and may contain some portion contributed by employees with a contribution from the employer. (B) A stated and certain allowance granted by the government to an individual, or those who represent him, for valuable services performed by him for the country. The government of the … [Read more...] about PENSION
PENDENTE LITE NIHIL INNOVETUR
Latin, meaning During litigation nothing should be changed. … [Read more...] about PENDENTE LITE NIHIL INNOVETUR
PENSION BENEFIT GUARANTY CORPORATION (PBGC)
A public insurance fund (not for profit) which provides limited coverage against bankrupt pension funds. … [Read more...] about PENSION BENEFIT GUARANTY CORPORATION (PBGC)