A common question, with a simple explanation. The difference between the terms tax avoidance and tax evasion is a simple one. Tax...

Veto comes from the Latin meaning, “I forbid” and it usually refers to the authority of an officer of the...

Collateral is a term used in various different contexts and has different meanings depending on how it is used. You...

Liquidated damages are a fixed or determined sum agreed by the parties to a contract to be payable on a...

Certiorari, which is sometimes abbreviated as cert., is a Latin term for a court order allowing the review by a...

A good-guy guarantee, which is made in the context of a lease, is a limited personal guarantee that enables the...

Two of the most commonly confused verbs in the English language are affect and effect. Briefly, affect means to to...

Infra is the Latin word meaning below, under, beneath or underneath and it’s legal shorthand to indicate that a particular...

Attorney General is a term that’s used both in the United Kingdom and the United States but there are slight...

Arguendo is a Latin term which has different meanings on either side of the Atlantic. In American legal English where...