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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Pleadings Going Forward Journal Registered Design
Planchet Algorithm Equilibrium Exchange Rate Accumulation
Variance Elephant Hunt Workout Gratuitous
Joint Venture Tribunal Advantages of Revenue Eminant Domain
committal CTR Minutes Escrow
Mission critical National debt Maturity Credit Risk Mitigation
Downtime Puisne Judge Advertising Standards Authority LINK
Caution Assurance Adjudicator Debtors
Malum in se Blind Testing Objects clause FIO
Virement Perquisite (perk) Contempt of Court Home Bias

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

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