CODICIL at Law Glossary

What is it? A supplement to a will.

Legal Definition Added By: Erin

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Other Similar Law Terms:

Legal Term Desertion is To abandon without reason and with no intention of returning, like spouse abandonment.

Legal Term Slogans, trademark protection of1.1, 2.22 is Slogans are capable of trademark protection as long as they meet the requirements of a trademark. However, since slogans frequently are used as marketing instruments to describe the underlying product or service, they are almost always descriptive, and lack inherent distinctiveness. Once they are used extensively enough in the market place to acquire secondary meaning, they may be registered.

Legal Term Endowment is A gift of money to an institution for a specific purpose.

Legal Term SECURED DEBT is In bankruptcy proceedings, a debt is secured if the debtor gave the creditor a right to repossess the property or goods used as collateral.

Legal Term Proof of Damages is Proving damages is a necessary prerequisite of being awarded damages, yet doing so can be exceedingly difficult. If damages are awarded, they are typically measured by either the plaintiffs lost profits, or defendants profits. In the case of plaintiffs lost profits, proof issues are particularly tricky since many factors may result in a decline in plaintiffs profits at any given time. A market survey may be useful here to demonstrate loss of reputation which can serve as circumstantial evidence of lost profits. When the award sought is defendants profits, all that plaintiff must prove is the amount of defendants gross sales. Then the burden shifts to the defendant to prove reasonable deductions from those sales.