Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Bookmaker
A person who determines odds and receives bets on the outcome of events, esp. sports events. See BOOKMAKING.
Comaker
One who participates jointly in borrowing money on a promissory note; esp., one who acts as surety under a note if the maker defaults. - Also termed cosigner. Cf MAKER.
Conventionalism makes two postinterpretiN, claims.
The first is positive: that judges must respect t' e established legal conventions of their community excel in rare circumstances. It insists, in other words, tlw they must treat as law what convention stipulates c law. Since convention in Britain establishes that acts Parliament are law, a British judge must enforce eve: acts of Parliament he considers unfair or unwise. The positive part of conventionalism most plainly corn sponds to the popular slogan that judges should follo, the law and not make new law in its place. The secon, claim, which is at least equally important, is negative. declares that there is no law - no right flowing frou, past political decisions - apart from the law drawn fro those decisions by techniques that are the
Lawmaker
See LEGISLATOR.
Make
ub. 1. To cause (something) to exist <to make a record>. 2. To enact (something) <to make law>. 3. To acquire (something) <to make money on execution>. 4. To legally perform, as by executing, signing, or delivering (a document) <to make a contract>.
Maker
1 One who frames, promulgates, or ordains (as in lawmaker). 2. A person who signs a promissory note. See NOTE (1). Cf. COMAKER. 3. DRAWER.
Rainmaker
n. A lawyer who generates a large amount of business for a law firm, usu. through wide contacts within the business community <the law firm fell on hard times when the rainmaker left and took his clients with him>. - rainmaking, n.
accommodation maker
One who signs a note as a surety. See ACCOMMODATION (2); accommodation indorser under INDORSER.
failure to make delivery
See FAILURE.
make law
1 To legislate. 2. To issue a legal precedent, esp. a judicial decision, that establishes a new rule of law on a particular subject. 3. Hist. To deny a plaintiff's charge under oath, in open court, with compurgators.
make-whole doctrine
Insurance. The principle that, unless the insurance policy provides otherwise, an insurer will not receive any of the proceeds from the settlement of a claim, except to the extent that the settlement funds exceed the amount necessary to fully compensate the insured for the loss suffered.
makeup gas
Oil & gas. Natural gas that has been paid for by the purchaser, usu. under a take-or-pay contract, but that is to be delivered in the years following payment. See take-or-pay contract under CONTRACT.
market-maker
Securities. One who helps e~-tablish a market for securities by reporting bidand-asked quotations. ( A market-maker is typically a specialist permitted to act as a dealer, ~t dealer acting in the capacity of block positioner. or a dealer who, with respect to a security, routinely enters quotations in an interdealer communication system or otherwise and is willing to buy and sell securities for the dealer's own account.
prime maker
See MAKER.
remake rights
Copyright. The rights to produce one or more additional movies or screenplays based on what is substantially the same story as is contained in the original movie or screenplay for which the rights have been granted.