Legal System

Allodial System
The allodial system is a legal framework granting full property ownership rights to individuals, forming the foundation for property rights in the United States.
Amicus Curiae
Latin for 'friend of the court.' Amicus curiae refers to a person or organization that is not a party to a legal case but offers information or expertise to assist the court in its decision-making.
Appellate Court (Appeals Trial Court)
An appellate court has the authority to review and revise the decision of a lower court in the same case, providing a system of checks and balances within the judicial process.
Barrister
A barrister is a type of lawyer in common law jurisdictions, predominantly found in England, whose primary function is to represent clients in higher courts of law.
Court of Record
A court that is required by law to maintain a record of its proceedings, including orders and judgments, and has the authority to imprison and levy fines.
Jury
A jury is a group composed of peers of the parties or a cross-section of the community, summoned and sworn to decide on the facts in issue at a trial.
Landmark Decision
A landmark decision is a court case that is studied because it has historical and legal significance. These decisions notably set important precedents that can influence and guide future court rulings. In the legal field, a landmark decision can shape or alter laws, societal norms, and judicial interpretations.
Law
The legal system is a set of rules enforced by governmental institutions to regulate human behavior, provides a structure for society, and ensures justice is upheld.
Legal Right
A legal right is an interest that the law will protect. It is a privilege or entitlement granted by a legal system to individuals or entities, allowing them to perform certain actions or be free from others performing certain actions against them.
Patent Appeals Court
The Patent Appeals Court is a specialized judicial body responsible for adjudicating appeals of decisions made by patent offices, primarily related to patent grants, denials, and disputes.
Release on Recognizance (R.O.R.)
Release on Recognizance (R.O.R.) is a method by which an individual is released in lieu of providing bail, upon their promise to appear and answer a criminal charge.
Small Claims Court
A small claims court is a court of limited jurisdiction where a claim for a relatively small amount can be settled on an informal basis.

Accounting Terms Lexicon

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