Funds Definition | Legal Glossary | LexisNexis (2024)

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GLOSSARY

Published by a LexisNexis Pensions expert

What does Funds mean?

A collection of assets managed in accordance with an objective for the mutual benefit of all the investors. The investors' share in a unit-linked life or pensions fund is represented by the number of units within the fund that they have been allocated by the life company.

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Comparing international investment arbitration rules

Comparing international investment arbitration rules Investment treaty arbitrations may be brought under the rules of many different institutions...

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LCIA (2014)—costs [Archived]

LCIA (2014)—costs [Archived] ARCHIVED: This Practice Note has been archived and is not maintained. CORONAVIRUS (COVID-19): Many arbitral organisations...

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Pro bono opportunity assessment form

Pro bono opportunity assessment form Every pro bono opportunity should be assessed against this checklist to get a clear understanding...

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Unapproved Option Agreement

Unapproved Option Agreement This Agreement is made on [insert date of execution of the share option agreement] Parties 1...

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Dive into our 588 Precedents related to Funds

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Which pre-action protocol applies to a claim where an individual (not acting as a business) is seeking monies from another individual (not acting as a business)?

Which pre-action protocol applies to a claim where an individual (not acting as a business) is seeking monies from another...

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What notices need to be served by a seller to terminate a contract of sale, if the buyer is unable to raise funds to complete?

What notices need to be served by a seller to terminate a contract of sale, if the buyer is unable...

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OFSI amends General Licence INT/2024/4576632 to remove prohibitory language

The Office of Financial Sanctions Implementation (OFSI) has amended General Licence INT/2024/4576632. The amendment removes language prohibiting funds or economic...

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Government urged to drop plans for UK pension consolidator

Law360: The government should abandon plans to transform the Pension Protection Fund (PPF) into a state-backed consolidator of smaller retirement...

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Read the latest 9714 News articles on Funds

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Funds Definition | Legal Glossary | LexisNexis (2) Login

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Funds Definition | Legal Glossary | LexisNexis (2024)

FAQs

What is the legal term for money? ›

Cash: Definition, Different Types, and History. Cash is legal tender or coins that can be used to exchange goods, debt, or services. Cash in its physical form is the simplest, most broadly accepted and reliable form of payment.

What is the judge's final decision called? ›

judgment - The official decision of a court finally determining the respective rights and claims of the parties to a suit.

What are some legal terms? ›

Default judgment - A judgment entered against a party who fails to appear in court or respond to the charges. Defendant - The person defending or denying a suit. Deposition - Testimony of a witness or a party taken under oath outside the courtroom, the transcript of which becomes a part of the court's file.

What is the legal description of money? ›

A general, indefinite term for the measure and representative of value; currency; the circulating medium ; cash. “Money” is a generic term, and embraces every description of coin or bank-notes recognized by common consent as a representative of value in effecting exchanges of property or payment of debts. Hopson v.

What is the official definition of money? ›

Money is any item or medium of exchange that symbolizes perceived value. As a result, it is accepted by people for the payment of goods and services, as well as the repayment of loans. Money makes the world go 'round. Economies rely on money to facilitate transactions and to power financial growth.

What are the 3 types of court decisions? ›

A majority opinion reflects the will of most of the justices. A plurality opinion reflects a vote in the same direction but for very different and contradictory reasons. A concurring opinion reflects a vote with the majority by one or more justices who disagree with the majority opinion's reasoning.

What does "voir dire" mean literally? ›

The phrase "Voir Dire" literally means, "to speak the truth." In court, it refers to a process of determining whether a juror can serve fairly and impartially in a given case by asking the juror various questions.

What is the rule four? ›

The “rule of four” is the Supreme Court's practice of granting a petition for review only if there are at least four votes to do so. The rule is an unwritten internal one; it is not dictated by any law or the Constitution.

What do lawyers say when they don't agree? ›

A lawyer should say “Objection,” and then state only the legal grounds (such as “Objection, hearsay” or “Objection, relevance”) and wait for guidance from the court.

What is unnecessary in legal terms? ›

Related Definitions

Unnecessary means unnecessary so far as the public is concerned, as would be the case if a minor or merely technical amendment in which the public is not particularly interested were involved.

What are 3 words for law? ›

Some common synonyms of law are canon, ordinance, precept, regulation, rule, and statute.

What is the term used for money? ›

For that reason the name Moneta came to mean "a place where coins are made," and later simply "coin" or "money." The Latin Moneta became moneie in early French. This early French word was borrowed into Middle English as moneye. From it we get the Modern English money.

What is cash legal term? ›

Cash is legal tender—currency or coins—that can be used to exchange goods, debt, or services. Sometimes it also includes the value of assets that can be easily converted into cash immediately, as reported by a company.

What are the legal forms of money? ›

United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues. Foreign gold or silver coins are not legal tender for debts.

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