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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Warrant of commitment Alibi User Group
Interest Creditors Price Elasticity of Demand
Overbought Homogeneity Bankruptcy Order
Custody time limit Customer Copycat packaging
Economically Inactive Interchange fee PLC
Safe SMTP Accountability
Nominal Damages Lek JCCC
Margin Scheme Ex gratia Cartel
Aggregate Demand Trial bundles Without Prejudice
T-account Sui generis Free Trade
DLL Hexadecimal Escrow
Floatation Directors Discount received
Phishing Residence Sub silentio

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

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