Dictionary Search: "Operative" - Pakistan Law Portal

Bank for cooperatives

a bank within a system of banks established to provide a permanent source of credit to farmers' cooperatives and supervised by the farm credit administration.

Cooperative

n. 1. An organization or enterprise (as a store) owned by those who use its services. 2. A dwelling (as an apartment building) owned by its residents, to whom the apartments are leased. - Often shortened to coop; co-op.

Operative

adj. 1. Being in or having force or effect; esp., designating the part of a legal instrument that gives effect to the transaction involved <the operative provision of the contract >. 2. Having principal relevance; essential to the meaning of the whole <may is the operative word of the statute>.

common-nucleus-of-operative-fact test

The doctrine that a federal court will have jurisdiction over state-law claims that arise from the same facts as the federal claims providing a basis for subject-matter jurisdiction."The modern doctrine of pendent jurisdiction, as announced by the Supreme Court in United Mine Workers v. Gibbs (1966), is much broader .... Pendent jurisdiction, the Court said, existed whenever "The modern doctrine of pendent jurisdiction, as announced by the Supreme Court in United Mine Workers v. Gibbs (1966), is much broader .... Pendent jurisdiction, the Court said, existed whenever the state and federal claims ... derive from a common nucleus of operative fact,' and when considerations of judicial economy dictate having a single trial." David P. Currie, Federal Jurisdiction in a Nutshell 106 (3d ed. 1990).

cooperative cause

See CAUSE (1).

cooperative cause.

Archaic. A person who is contributorily or comparatively negligent.

cooperative corporation

See CORPORATION.

cooperative federalism

Distribution of power between the federal government and the states in which each recognizes the powers of the other but shares those powers to jointly engage in governmental functions.

inoperative

adj. Having no force or effect; not operative < an inoperative statute>.

nonoperative performance bond

A performance bond that is not currently in effect but is activated upon the issuance of the buyer's letter of credit or other approved financing.

nonoperative performance bond.

See PERFORMANCE BOND.

operative fact

A fact that affects an existing legal relation, esp. a legal claim.

operative fact.

See FACT.

operative performance bond

A performance bond that has been activated by the issuance of the buyer's letter of credit or other approved financing.

operative performance bond.