Latin: Strict right or law; the rigor of the law as distinguished from equity. … [Read more...]

A current of water; a body of flowing water. The word, in its ordinary tfense, includes rivers. But Callis defines a stream "a current of waters running over the level at random, and not kept in with banks or walls." Private stream. A non-navigable creek or water-course, the bed or channel of which is exclusively owned by a private individual. … [Read more...]

(A) Employment Law: When employees are unified and organize a work stoppage in order to pressure an employer into agreeing to employee demands, e.g. protesting low pay, better health benefits, etc. (B) Legal Practice: When the court orders something to be removed or stricken, such as a party's motion or pleading or statements spoken by a witness that constituted inadmissible … [Read more...]

mar. law. The proper arrangement in a ship, of the different articles of which a cargo consists, so that they may not injure each other by friction, or be damaged by the leakage of the ship. 2. The master of the ship is bound to attend to the stowage, unless, by custom or agreement, this business is to be performed by persons employed by the merchant. … [Read more...]

Securities, to simultaneously place a contract to buy and sell a commodity or stock anticipating a change in the price in order to realize a gain from volatile trading. See also a hedge. Law Dictionary - Alternative Legal Definition In stock-brokers parlance the term means the double privilege 'Of a "put" and a "call," and secures to the holder the right to demand of the seller … [Read more...]