In French law. 1. The magistrates who are charged with the conduct of proceedings in criminal cases and misdemeanors. 2. That part of the bourse which is reserved for stock-brokers. … [Read more...] about PARQUET
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PARTIAL VERDICT
A verdict where a jury is split, finding a criminal guilty of some charges and innocent of others. … [Read more...] about PARTIAL VERDICT
PARENT COMPANY
A company that owns or controls another company (subsidiaries.) A parent company is one which owns and controls other firms or companies usually known as subsidiaries. These companies have their own legal entities. Known also as a holding company. … [Read more...] about PARENT COMPANY
PARI DELICTO
crim. law. In a similar offence or crime; equal in guilt. A person who is in pari delicto with another, differs from a particeps criminis in this, that the former always includes the latter but the latter does not always include the former. Latin: In equal fault SEE: IN PARI DELICTO … [Read more...] about PARI DELICTO
PARLIAMENT
The supreme legislative assembly of Great Britain and Ireland, consisting of the king or queen and the three estates of the realm, viz., the lords spiritual, the lords temporal, and the commons. 1 Bl. Comm. 153. High court of parliament. In English law. The English parliament, as composed of the house of peers and house of commons; or the house of lords sitting in its judicial … [Read more...] about PARLIAMENT