The Everyday Dictionary of Law

The Everyday Dictionary of Law provides legal vocabulary currently in use in common law jurisdictions such as most notably, in the United States. The dictionary is compiled specifically for commercial and intellectual property law practitioners, which provides simple definitions and meanings in American English, for legal terms (including Latin terms) used in formal correspondence, court proceedings, and motion practice as well as common language words that are frequently used in the same. It is a simple reference guide for attorneys, paralegals as well as casual readers who need to check the meaning of a particular legal term in due course of their work.

Disclaimer:

The information provided by Carthaginian Ventures Private Limited d/b/a Copperpod IP (“we,” “us” or “our”) on this site is for general informational purposes only. All information on the website is provided in good faith, however, we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of any information on the site. Under no circumstance shall we have any liability to you for any loss or damage of any kind incurred as a result of the use of the site or reliance on any information provided on the site. Your use and  and reliance on any information on the site constitutes your understanding, acceptance and agreement of these terms and conditions.

Venture Capitalist (VC)

Financing provides investors for start-up organizations or small businesses to drive growth.

Veto

/ˈviːtəʊ/ /ˈvitoʊ/

Latin for "forbid". The power of an executive to prevent an action, especially the enactment of legislation.

Via iure

/ˈvaɪə ˈjʊəreɪ/ /ˈvaɪə ɪˈjʊr/

Latin for "way of law". Using the courts and the justice system (opposite of self-help)

Vice versa

/ˈvaɪsɪ ˈvɜːsə/ /ˌvaɪsə ˈvɜrsə/

Latin for "the other way around". Something that is the same either way.

vel non

/vɛlnōn/ /viˈlnɔ̃̃/

Latin for "or not". Used when considering whether some event or situation is either present or it is not.

via executoria

/ˈvaɪə ɪɡˈzɛkjʊtərɪə/
/ˈvaɪə ˈɛksɪˌkjutəriə/

Latin for "executorial way". Non-judicial foreclosure under a power of sale clause in a mortgage; more broadly, any non-judicial remedy empowered under a contractual clause or some other instrument

vide

/vaɪdɪ/ /ˈvaɪdi/

Latin for "see". Used in citations to refer the reader to another location.

videlicet

/vɪˈdiːlɪˌsɛt/ /vɪˈdɛləsɪt/

Latin for "contraction of videre licet, meaning "it is permitted to see"". Used in documents to mean "namely" or "that is". Usually abbreviated viz.

vinculum iuris

/ˈvɪŋkjʊləm ɪuːrɪs/ /ˈvɪŋkjələm ɪurɪs/

Latin for "the chain of the law". A legal bond, especially the bond tying obligor and obligee in a legal obligation

vis maior

/vɪs mɛəiːˈɔ:/ /vɪs ˈmeɪɔr/

Latin for "superior force". Force majeure arising from an act of God, i.e. events over which no humans have control, and so cannot be held responsible.

vitium in contrahendo

/ˈvɪtɪəm ɪn ˈkɒntrəhɛnˈdəʊ/
/ˈvɪtiəm ɪn ˈkɑntrəhɛnˈdoʊ/

Latin for "vice in contracting". Vitiating factor in the formation of a contract, e.g. mistake, misrepresentation, and duress.

viz

Namely

voluntatis declaratio

/ˈvɒlənˌteɪtɪz dɛkləˈreɪʃɪˌəʊ/
/ˈvɑlənˌtɛtɪz ˌdɛkləˈreɪʃoʊ/

Latin for "Declaration of will".