business law

angel investor

An angel investor is an individual investor—often a high net worth individual—who provides capital for emerging growth companies, typically in exchange for either ownership equity or convertible debt. Angel investments often represent the...

annual meeting

Annual meeting refers to the shareholders' general meeting held yearly on the date or according to the formula by which such a meeting date will be fixed, as prescribed in the corporation's bylaws. The purpose of the annual meeting is for...

annual percentage rate (APR)

An annual percentage rate (APR) is the yearly rate charged for a loan or earned by an investment. In other words, it is a measure of the cost of credit, expressed as a yearly rate. APR includes interest as well as other fees associated with...

annuitant

Annuitant is an investor or a pension plan beneficiary who is entitled to receive the regular payments of a pension or an annuity.

Cases such as this one from New Hampshire, explain that an ‘annuitant’ “enjoys status...

annuity

Annuities are long-term contracts between individuals and insurance companies that individuals typically enter into as part of retirement planning. Individuals make payments to the insurance company, which the insurance company will in...

annulment

An annulment is a legal procedure that voids a marriage and declares it null from its inception. Unlike divorce, the effect of declaring a marriage void is retroactive, meaning that the marriage was void at the time it was entered into. It...

antenuptial agreement

An antenuptial agreement or a prenuptial agreement is an agreement made between parties before getting married, permitting them to individually retain certain assets during the marriage and after the marriage if divorce arises. If parties...

anti-greenmail provision

An anti-greenmail provision is a provision within a corporate charter that prevents the company’s board of directors from making greenmail payments.

Greenmail payments refer to payments made by a corporation to buy out the...

anticipation

Anticipation is the performance of an act or obligation before it is legally due. Some common uses of the term “anticipation” in a legal sense include:

In the context of patent law, anticipation refers to the prior invention or...

anticipatory breach

In contract law, anticipatory breach occurs when a party repudiates prior to the date that the performance is due. Anticipatory breach is an excuse for non-performance by the non-breaching party. A party can retract its anticipatory breach provided...

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