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A profit or loss that has not yet been finalized and recognized, e.g. the rise in stock is an unrealized gain until the stock is sold and converted into money whereby the seller would realize a gain on the sale. … [Read more...] about UNREALIZED PROFIT or LOSS

pleadings. This word is frequently used in indictments in the description of the offence; it is necessary when the crime did not exist at common law, and when a statute, in describing an offence which it creates, uses the word, but it is unnecessary whenever the crime existed at common law, and is manifestly illegal. The term is commonly used in indictments for statutory … [Read more...] about UNLAWFULLY

A violation of constitutional rights as per the Fourth Amendment. Where law enforcement conduct a search and seizure of a person or property without having (i) a search warrant and (ii) probable cause to believe that evidence of a crime may be present. … [Read more...] about UNREASONABLE SEARCH AND SEIZURE

A legal principle where someone who received a benefit which they did not deserve should not be able to retain the benefit without compensation to the party providing the enrichment. A concept of fairness and equity. A person who realizes that a paitner is painting the wrong car but stands silent allowing the painter to finish the job will not be able to retain the benefit … [Read more...] about UNJUST ENRICHMENT DOCTRINE

Not ascertained in amount; not determined; remaining unassessed or unsettled; as unliquidated damages. … [Read more...] about UNLIQUIDATED