The Law Dictionary

STANDARD DEDUCTION

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Tax; A taxpayer is granted the option to choose a fixed amount as a deduction instead of itemizing their deductions. The amount of the standard deduction is determined by several factors including how many dependents are claimed by the taxpayer, the taxpayer's filing status and age. … [Read more...]

STALLARIUS

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

In Saxon law. The prefectus stabuli, now master of the horse. Sometimes one who has a stall in a fair or market … [Read more...]

STANDARD OF CARE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

The measure of care that a reasonable person should exercise under the circumstances. A person who does not meet the standard of care is potentially liable for an act of negligence. … [Read more...]

STAMP

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

An impression made by public authority, in pursuance of law, upon paper or parchment, upon which certain legal proceedings, conveyances, or contracts are required to be written, and for which a tax or duty is exacted. A small label or strip of paper, hearing a particular device, printed and sold by the government, and required to be attached to mall-matter, and to some other … [Read more...]

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