Common phrase uttered to refer to a person's right to refuse to testify on the grounds that doing so might incriminate the person in a crime. The Fifth Amendment to the Constitution provides that no person shall be compelled to be a witness against himself. … [Read more...] about TAKE THE FIFTH
T
TACITE
Latin: Silently; impliedly; tacitly. … [Read more...] about TACITE
TAKEOVER
To acquire and assume control over another company and its management. … [Read more...] about TAKEOVER
TACITURNITY
In Scotch law, this signifies laches in not prosecuting a legal claim, or in acquiescing in an adverse one. Mozley A Whitley. … [Read more...] about TACITURNITY
TACK
(verb) - To annex some junior lien to a first Hen, thereby acquiring priority over an intermediate one. See TACKING.(noun) - In Scotch Law, a term corresponding to the English "lease," and denoting the same species of contract. Tack duty. Kent reserved upon a lease. … [Read more...] about TACK