Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Occurrence
Something that happens or takes place; specif., an accident, event, or continuing condition that results in personal injury or property damage that is neither expected nor intended from the standpoint of an insured party. ( This specific sense is the standard definition of the term under most liability policies.
occurrence policy
An agreement to indemnify for any loss from an event that occurs within the policy period, regardless of when the claim is made.
occurrence rule
Civil procedure. The rule that a limitations period begins to run when the alleged wrongful act or omission occurs, rather than when the plaintiff discovers the injury. This rule applies, for example, to most breach of-contract claims. See STATUTE OF LIMITATIONS. Cf. DISCOVERY RULE.
transaction-or-occurrence test
A test used to determine whether, under Fed. R. Civ. P. 13(a),a particular claim is a compulsory counterclaim. ( Four different tests have been suggested: (1) Are the legal and factual issues raised by the claim and counterclaim largely the same? (2) Would res judicata bar a later suit on the counterclaim in the absence of the compulsorycounterclaim rule? (3) Will substantially the same evidence support or refute both the plaintiff's claim and the counterclaim? (4) Are the claim and counterclaim logically related? See compulsory counterclaim under COUNTERCLAIM. transaction slip See CONFIRMATION SLIP,