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
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committal CTR Minutes Escrow
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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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