Business terms and jargon explained. Your business dictionary

What is Ultra vires

This a term used in law where a legal entity has exceeded their authority and power and therefore their actions are cancelled or deemed not enforceable.

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Interest Overtime N122 Civil Court form Gatekeeper
Allowable expenses Deferment Account Buy-out Financial Capital
Custody time limit Proprietor Magistrates court Realisable property
Remortgage Taxing authority Bankruptcy Rufiyaa
In esse Supreme Court Inter partes Adjournment
Administrator N225 Civil Court form Gross Weight Underwrite
Prima facie Beneficial loan Magnum opus Nanotechnology
Note Buyers Exit strategy Troy pound Product Market Flexibility
Taxation of costs Baseline Security Customs Duties Descope
Collateralised Transactions Grant of confirmation State of the art Res

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Term created / updated 2005-07-16 23:12:15

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