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Capacity of parties
Capacity of parties The legal ability of people or organizations to enter into a valid contract.
RELATED TERMS--------------------------------------
Valid A binding situation that is authorized and enforceable by law.
Contract A legal agreement between entities that requires each to conduct (or refrain from conducting) certain activities.
SIMILAR TERMS--------------------------------------
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Cancellation clause A provision in a contract (e.g., lease) that confers the ability of one in the lease to terminate the party's obligations.
Canopy A hood or cover usually over a cook top or open fire
Cantilever A projecting structure supported on one end, such as a balcony.
Cap A limit, such as that placed on an adjustable rate mortgage, on how much a monthly payment or interest rate can increase or decrease.
Cap and collar mortgage Not only is a maximum rate of interest set but a minimum rate too.
Capacity of parties
Cape Cod style A wood-frame or shingled house with a steep roof and several windows projecting from the second floor.
Capital Accumulated wealth.
Capital appreciation The change in market value of a property or portfolio adjusted for capital improvements and partial sales.
Capital expenditure Investments of cash to purchase items for a business, usually land, buildings, machinery and equipment
Capital gain Taxable profit on the sale of an appreciated asset.
This dictionary contains 6433 terms. |
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