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Legal Terms - Eurogroup
a committee made up of the finance ministers of the 19 EU members that have made the euro their official currency. Voting on issues pertaining to the euro and its monetary policy is limited to these states. The Lisbon Treaty's Protocol 14 established the Eurogroup's official legal foundation.
a committee made up of the finance ministers of the 19 EU members that have made the euro their official currency. Voting on issues pertaining to the euro and its monetary policy is limited to these states. The Lisbon Treaty's Protocol 14 established the Eurogroup's official legal foundation.
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Legal Terms -Euro Norm (EN)
Instead of using a national standard, like those created in the UK by the British Standards Institution (BSI), European standards bodies, like CEN (the European Standardization Committee) and CENELEC (the European Electrotechnical Standardization Committee), adopt a European standard.
Instead of using a national standard, like those created in the UK by the British Standards Institution (BSI), European standards bodies, like CEN (the European Standardization Committee) and CENELEC (the European Electrotechnical Standardization Committee), adopt a European standard.
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Legal Terms –On the face of the record
a legal error a legal error that is evident from the proceedings record of a lower court or tribunal when it comes to making a conclusion. The High Court may use the remedy of a quashing order in judicial review proceedings to overturn the decision, with the exception of domestic tribunals that have solely contractual authority.
a legal error a legal error that is evident from the proceedings record of a lower court or tribunal when it comes to making a conclusion. The High Court may use the remedy of a quashing order in judicial review proceedings to overturn the decision, with the exception of domestic tribunals that have solely contractual authority.
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Legal Terms - Equal Treatment Directive
A European Union decision (Council decision 76/207) that forbade *sex-based discrimination in employment, training, participation in professional associations for employers, employees, or members of the workforce, as well as in certain areas of social security.
It functioned in tandem with the Equal Pay Directive (75/117) and other sex equality legislation. In line with case law from the *European Court of Justice, EU Directive 2006/54, on the implementation of the principle of equal opportunities and equal treatment of men and women in matters of employment and occupation, combined and modified seven distinct Directives pertaining to sex equality. The Directive addresses the burden of proof in cases of sex discrimination as well as the equal treatment of men and women with regard to: equal pay; access to employment, vocational training, and promotion; working conditions; and occupational social security programs. Equal access to the supply of goods and services, including insurance, for men and women is covered under the Equal Treatment Directive (Council Directive 2004/113).
A European Union decision (Council decision 76/207) that forbade *sex-based discrimination in employment, training, participation in professional associations for employers, employees, or members of the workforce, as well as in certain areas of social security.
It functioned in tandem with the Equal Pay Directive (75/117) and other sex equality legislation. In line with case law from the *European Court of Justice, EU Directive 2006/54, on the implementation of the principle of equal opportunities and equal treatment of men and women in matters of employment and occupation, combined and modified seven distinct Directives pertaining to sex equality. The Directive addresses the burden of proof in cases of sex discrimination as well as the equal treatment of men and women with regard to: equal pay; access to employment, vocational training, and promotion; working conditions; and occupational social security programs. Equal access to the supply of goods and services, including insurance, for men and women is covered under the Equal Treatment Directive (Council Directive 2004/113).
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Legal Terms – equitable
1. Acknowledged by or compliant with equity rules: used to differentiate between specific notions utilized in equity and common or statute law. Mortgages and assignments, for instance, may be equitable or lawful. 2. Outlining an idea or right that the Court of Chancery has recognized. 3. Reasonable, equitable, and just.
1. Acknowledged by or compliant with equity rules: used to differentiate between specific notions utilized in equity and common or statute law. Mortgages and assignments, for instance, may be equitable or lawful. 2. Outlining an idea or right that the Court of Chancery has recognized. 3. Reasonable, equitable, and just.
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Legal Terms-equitable charge
1. Refer to the equitable mortgage. 2. A *charge made by allocating particular assets for the repayment of a debt or other commitment. To establish an equitable charge, expressed purpose is sufficient; no additional wording is required.
1. Refer to the equitable mortgage. 2. A *charge made by allocating particular assets for the repayment of a debt or other commitment. To establish an equitable charge, expressed purpose is sufficient; no additional wording is required.
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Legal Terms - Equitable estate
a property right that the Court of Chancery recognizes, as opposed to a *legal estate that common law courts recognize (see estate). Though they could be more adaptable (see shifting use and springing use), equitable estates represented legal interests. Prior to 1926, the majority of estate types could exist either in equity or at law; after 1925, only a small number of legal estates are permitted; all other land interests are referred to as *equitable interests. Technically, the term "equitable estate" is no longer accurate.
a property right that the Court of Chancery recognizes, as opposed to a *legal estate that common law courts recognize (see estate). Though they could be more adaptable (see shifting use and springing use), equitable estates represented legal interests. Prior to 1926, the majority of estate types could exist either in equity or at law; after 1925, only a small number of legal estates are permitted; all other land interests are referred to as *equitable interests. Technically, the term "equitable estate" is no longer accurate.
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Legal Terms – equitable execution
ways to enforce a court's ruling when the judgment creditor is unable to be satisfied by the standard *execution techniques. For instance, the creditor may obtain an injunction to stop the defendant from handling the property or designate a receiver to oversee the defendant's assets. These remedies are frequently thought of as court-granted remedy rather than as execution.
ways to enforce a court's ruling when the judgment creditor is unable to be satisfied by the standard *execution techniques. For instance, the creditor may obtain an injunction to stop the defendant from handling the property or designate a receiver to oversee the defendant's assets. These remedies are frequently thought of as court-granted remedy rather than as execution.
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Legal Terms - equitable interests
property interests that were first distinguished from legal interests recognized in common-law courts by the Court of Chancery. They emerged in situations where enforcing a legal right went against the ideals of equity. At first, the individual who had a legal claim to the property in question might be sued for equitable rights (such as a trust or the *equity of redemption under a mortgage). The property was later subject to equitable interests by those who received it from the holder of the legal interests, and anyone who purchased property after learning of the equitable interests was obligated to abide by them. Everyone who took property under the existing law was subject to equitable interests, with the exception of those who bought it and should have known about them (i.e., a bona fide *purchaser for value without notice). Since 1925, notice, the *land charges system, or the notion of *overreaching have all been used to safeguard equitable interests.
property interests that were first distinguished from legal interests recognized in common-law courts by the Court of Chancery. They emerged in situations where enforcing a legal right went against the ideals of equity. At first, the individual who had a legal claim to the property in question might be sued for equitable rights (such as a trust or the *equity of redemption under a mortgage). The property was later subject to equitable interests by those who received it from the holder of the legal interests, and anyone who purchased property after learning of the equitable interests was obligated to abide by them. Everyone who took property under the existing law was subject to equitable interests, with the exception of those who bought it and should have known about them (i.e., a bona fide *purchaser for value without notice). Since 1925, notice, the *land charges system, or the notion of *overreaching have all been used to safeguard equitable interests.
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Legal Terms - Equitable lease
a contract that grants a land interest on terms that are equivalent to a *legal lease but do not meet the formal requirements of a legal lease. For instance, the court may uphold the parties' written agreement to award a lease if L claims to provide T a seven-year lease but the transaction is carried out through a simple written contract rather than a deed. This is in accordance with the maxims of equity, which state that "equity looks upon that as done which ought to be done" (Walsh v. Lonsdale (1820) 21 Ch D 9). Furthermore, any third party purchasing L's interest in the land would be bound by T's rights under the contract if it were registered as a *estate contract.
a contract that grants a land interest on terms that are equivalent to a *legal lease but do not meet the formal requirements of a legal lease. For instance, the court may uphold the parties' written agreement to award a lease if L claims to provide T a seven-year lease but the transaction is carried out through a simple written contract rather than a deed. This is in accordance with the maxims of equity, which state that "equity looks upon that as done which ought to be done" (Walsh v. Lonsdale (1820) 21 Ch D 9). Furthermore, any third party purchasing L's interest in the land would be bound by T's rights under the contract if it were registered as a *estate contract.