R

1. To cease permanently from productivity. 2. To cease working permanently and leave the employment sector. 3. To leave a room to go elsewhere for a prolonged period, such as a jury retiring from a courtroom to deliberate privately in the jury room. 4. As applied to bills of exchange, this word is ambiguous. It is commonly used of an indorser who takes up a bill by handing the … [Read more...] about RETIRE

Fr. In old French and Canadian law. The taking back of a fief by the seignior, in case of alienation by the vassal. A right of pre-emption by the seignior, in case of sale of the land by the grantee. … [Read more...] about RETRAIT

The ending of something. The voluntary termination of one's employment on a permanent basis. The permanent removal of an asset from use. … [Read more...] about RETIREMENT

practice. The act by which a plaintiff withdraws his. suit; it is so called from the fact that this was the principal word used when the law entries were in Latin. 2. A retraxit differs from a nonsuit, the former being the act of the plaintiff himself, for it cannot even be entered by attorney; and it must be after declaration filed; while the latter occurs in consequence of … [Read more...] about RETRAXIT

The money that is available through the Social Security program to persons reaching age 62 and represents a small amount of the earnings during the time they worked. It is paid monthly. … [Read more...] about RETIREMENT BENEFITS