Pro Bono at Law Glossary
What is it? Latin for the public good. Lawyers take on pro bono work free of charge for people or organizations without the resources to hire representation.Legal Definition Added By: Hayden
The Pro Bono definition has been viewed 763 Time(s)!
Send To Friends!
If you'd like to send the Pro Bono definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Pro Bono. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Law Terms:
Legal Term Original Issue Discount is Under the income tax law, a system under which interest is imputed on a debt instrument that fails to state a total interest equal to the applicable federal interest rate for loans of that term. This most often occurs with informal loans between family meLegal Term Crummey Demand Power (or Trust) is A power granted an individual under a trust instrument, whereby the individual can, for a limited period following any gift to the trust (usually thirty through ninety days), withdraw all or some stated portion of the gift. The power is used to make gifts
Legal Term Winding Up is When a company prepares for dissolution: the assets of a company are applied to discharge its liabilities and any surplus is returned to those who are entitled to it provided there is any excess remaining.
Legal Term Charitable Remainder Annuity Trust is A charitable remainder trust under which the non-charitable income interest is expressed as a fixed dollar amount or percentage (at least 5 percent) of the initial value of the trust assets, and which does not permit subsequent additions.
Legal Term tort is A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.