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RESTRICTION

RESTRICTION

by Law Professor

A limitation on one's ability to act which may be by statute, by regulation or by contract. In the case of land registered under the English land transfer act 1875, a restriction is an entry on the register made on the application of the registered proprietor of the land, the effect of which hi to prevent the transfer of the land or the creation of any charge upon it, unless … [Read more...] about RESTRICTION

RESTRICTED SECURITIES

by Law Professor

Securities that have been acquired as a result of a transaction but are not available or able to be made available for public purchase. … [Read more...] about RESTRICTED SECURITIES

RESTRAINT ON ALIENATION

by Law Professor

A provision that restricts, usually contained within a deed or will, for example, the sale of a home to a son on the provision it is never sold outside of family members. Such provisions are generally unenforceable. … [Read more...] about RESTRAINT ON ALIENATION

RESTRAINT OF TRADE

by Law Professor

Any act, including collusion amongst the competitors in the marketplace, that substantially impacts and limits the ability to conduct interstate commerce. Such restraints are illegal. … [Read more...] about RESTRAINT OF TRADE

RESTRAINT

by Law Professor

Confinement, abridgment, or limitation. Prohibition of action; holding or pressing back from action. Hindrance, confinement, or restriction of liberty. "What, then, according to a common understanding, is the meaning of the term 'restraint?' Does it imply that the limitation, restriction, or confinement must be imposed by those who are in possession of the person or thing which … [Read more...] about RESTRAINT

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