The Law Dictionary

WOODGELD

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

old Eng. law. To be free from the payment of money for taking of wood in any forest. … [Read more...]

WOOD-GELD

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

In old English law. Money paid for the liberty of taking wood in a forest. Cowell. Immunity from such payment Spelman. … [Read more...]

WORK MADE FOR HIRE

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

An exception to the general rule of copyright where a person who creates a work of authorship is the legally recognized owner of the work. The parties can agree, based upon a written agreement, that a work prepared by an independent contractor shall be given the same effect as an employer owned the work of an employee. Thus the author and copyright owner of the work is the … [Read more...]

WITHOUT RESERVE

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

contracts. These words are frequently used in conditions of sale at public auction, that the property offered, or to be offered for sale, will be sold without reserve. A term applied to a sale by auction, indicating that no price is reserved. 2. When a property is advertised to be sold without reserve, if a puffer be employed to bid, and actually bid at the sale, the courts … [Read more...]

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