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SIDE LUTES

by Law Professor

In mining law, the side lines of a mining claim are those which measure the extent of the claim on each side of the middle of the vein at the surface. They are not necessarily the side lines as laid down on the ground or on a map or plat; for if the claim, in its longer dimension, crosses the vein, instead of following it, the platted side lines will be treated in law as the … [Read more...] about SIDE LUTES

SHRINKAGE

by Law Professor

The difference between the inventory count of items on hand and the actual number of items on hand that result from factors such as theft, error, waste and spoilage. … [Read more...] about SHRINKAGE

SIB

by Law Professor

Sax. A relative or kinsman. Used In the Scotch tongue, but not now in English. … [Read more...] about SIB

SHORT

by Law Professor

1. Brief, small. 2. A type of sale of securities; see short sale. … [Read more...] about SHORT

SHRINKWRAP

by Law Professor

The thin, transparent plastic wrap which covers and preserves new products and keeps them pristine and untouched. … [Read more...] about SHRINKWRAP

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