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Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

Uniform Reciprocal Enforcement of Support Act

A uniform law providing a procedure by which an alimony or child-support decree issued by one state can be enforced against a former spouse who resides in another state. -Abbr. URESA.

implied reciprocal covenant

A presumption that a promisee has, in return for a promise made respecting land, impliedly made a promise to the promisor respecting other land. - Also termed implied reciprocal servitude.

implied reciprocal servitude

See implied reciprocal covenant under COVENANT implied repeal . See REPEAL.

joint and reciprocal will

See joint and mutual will under WILL.

reciprocal

adj. 1. Directed by each toward the other or others; MUTUAL. . 2. BILATERAL. <a reciprocal contract>. 3. Corresponding; equivalent .

reciprocal contract

See bilateral contract.

reciprocal dealing

A business arrangement in which a buyer having greater economic power than a seller agrees to buy something from the seller only if the seller buys something in return. ( Reciprocal dealing usu. violates antitrust laws. - Also termed reciprocal-dealing arrangement. Cf. TYING ARRANGEMENT.

reciprocal exchange

An association whose members exchange contracts and pay premiums through an attorney-in-fact for the purpose of insuring themselves and each other. 0 A reciprocal exchange can consist of individuals, partnerships, trustees, or corporations, but the exchange itself is unincorporated. - Also termed interinsurance exchange; reciprocal insurance exchange; reciprocal interinsurance exchange. See reciprocal insurance under INSURANCE.

reciprocal insurance

A system whereby several individuals or businesses act through an agent to underwrite one another's risks, making each insured an insurer of the other members of the group. - Also termed interinsurance. reinsurance. See REINSURANCE.

reciprocal insurance exchange

See RECIPROCAL EXCHANGE.

reciprocal interinsurance exchange

See RECIPROCAL EXCHANGE.

reciprocal negative easement

An easement created when a landowner sells part of the land and restricts the buyer's use of that part, and, in turn, that same restriction is placed on the part kept by the landowner. Such an easement usu. arises when the original landowner creates a common scheme of development for smaller tracts that are carved out of the original tract.

reciprocal trade agreement

An agreement between two countries providing for the exchange of goods between them at lower tariffs and better terms than exist between one of the countries and other countries.

reciprocal trust

A trust arrangement between two parties in which one party is beneficiary of a trust established by the other party, and vice versa. * Such trusts are common between husband and wife.

reciprocal will

See mutual will under Will.

reciprocal will.

See mutual will.