Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Resolution
1. A formal expression of an opinion, intention, or decision by an official body or assembly (esp. a legislature).
Resolution Trust Corporation
A federal agency established to act as a receiver for insolvent federal savings-and-loan associations and to transfer or liquidate those associations' assets. ( The agency was created when the Federal Savings and Loan Insurance Corporation was abolished in 1989. - Abbr. RTC. See FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION.
alternative dispute resolution
a procedure for settling a dispute by means other than litigation, such as arbitration, mediation, or minitrial. - abbr. adr.
concurrent resolution
See RESOLUTION (1).
joint resolution
A legislative resolution passed by both houses. ( It has the force of law and is subject to executive veto.
shareholder resolution
A resolution by shareholders, usu. to ratify the actions of the board of directors. 3. A document containing such an expression or authorization.
simple resolution
A resolution passed by one house only. ( It expresses the opinion or affects the internal affairs of the passing house, but it does not have the force of law. 2. Formal action by a corporate board of directors or other corporate body authorizing a particular act, transaction, or appointment.
war-powers resolution
A resolution passed by Congress in 1973 (over the President's veto) restricting the President's authority to involve the United States in foreign hostilities without congressional approval, unless the United States or one of its territories is attacked. 50 USCA ยงยง 1541-1548.