Glossary Results - N
This is a Legal Dictionary for visitor reference. Please click on the letter below to search by alphabet or use the search form to find the term you are looking for.
National Labor Relations Board (NLRB) - A federal agency which prevents and remedies unfair labor practices by employers and labor organizations.
natural person - A human being, not a legal entity, afforded certain rights under the United States Constitution.
Naturalization - Process by which a person acquires nationality after birth and becomes entitled to privileges of citizenship.
Negligence - Failure to use care which a reasonable and prudent person would use under similar circumstances.
negotiable instrument - Written document held by the owner that represents an unconditional promise to pay a specified amount of money upon demand.
Negotiation - The process of submission and consideration of offers until an acceptable offer is made and accepted.
net earnings - Earnings that remain after subtraction of mandatory deductions from an employee's gross income.
net income - The amount of income that remains after deductions are taken from gross income.
Next Friend - One acting without formal appointment as guardian for the benefit of an infant, a person of unsound mind not judicially declared incompetent, or other person under some disability.
next of kin - Closest relative of someone who has died. Usually the spouse is considered the "next of kin".
No Bill - This phrase, endorsed by a grand jury on the written indictment submitted to it for its approval, means that the evidence was found insufficient to indict.
No-contest Clause - Language in a will that provides that a person who makes a legal challenge to the will's validity will be disinherited.
No-fault Proceedings - A civil case in which parties may resolve their dispute without a formal finding of error or fault.
Noise Control Act - A act which gives government agencies the right to promulgate standards and regulations relating to abatement of noise emissions, i.e., requirements that autos and like vehicles must have mufflers.
nolo contender - No Contest. Plea that has the same affect as a guilty plea but is not considered an admission of guilt.
non-competition agreement - Agreement where one party agrees not to compete with the other party for a specific period of time and within a particular area.
non-dischargeable debts - Debts that will not be voided by the law of bankruptcy.
nondisclosure agreement - Contract in which a person or business promises to treat certain information as a trade secret and not disclose it to others without authorization.
nonexempt property - Property creditors can claim under a Chapter 7 bankruptcy or when a creditor sues and wins a judgment.
Nonfeasance - Nonperformance of an act which should be performed; omission to perform a required duty or total neglect of duty.
Non-jury Trial - Trial before the court but without a jury.
nonprofit corporation - Legal entity authorized by state law allowing people to unite for the purpose of either benefiting members of an organization or for some other public benefit. Nonprofit corporations can make a profit, but the business cannot be designed primarily for profit
notarize - When a Notary Public certifies a legal document thereby establishing the authenticity of the signature on the document.
notary public - Public officer, licensed by the state to administer oaths, certify legal documents and perform other specified functions.
Notice - Formal notification to the party that has been sued in a civil case of the fact that the lawsuit has been filed. Also, any form of notification of a legal proceeding.
Notice to creditors - A notice given by the bankruptcy court to all creditors of a meeting of creditors.
nuisance - Anything that interferes with the use of property by being irritating, offensive, or obstructive.
nuisance fees - Fees charged by most credit card companies to increase their profits when a person fails to use the card in a manner preferred by the credit card companies.
Nuncupative will - An oral (unwritten) will.
NASD - National Association of Securities Dealers.