Avoidance

Avoidance in Europe Definition of Avoidance

Setting aside or avoiding or vacating. A bond is said to be conditioned for avoidance when it contains a condition providing that it shall be void on a certain event

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Public Holiday

Public Holiday in Europe Public Holiday (in European Private Law) In this context, this may be a concept of the term: A "public holiday" with reference to a member state, or part of a member state, of the European Union means any day designated as such for that state or part in a […]

Solidary Right

Solidary Right in Europe Solidary Right (in European Private Law) In this context, this may be a concept of the term: A right to performance held by two or more creditors is a "solidary right" when any of the creditors may require full performance from the debtor and the debtor may […]

Committees

Committees in Europe Description of Economic and Financial Committee The Concise Encyclopedia of the European Union describes economic and financial committee in the following terms: [1] With the launch of the single currency in 1999, the influential Monetary Committee (consisting of two […]

Dependent Personal Security

Dependent Personal Security in Europe Dependent Personal Security (in European Private Law) In this context, this may be a concept of the term: A "dependent personal security" is an obligation by a security provider which is assumed in favour of a creditor in order to secure a […]

Limited Proprietary Rights

Limited Proprietary Rights in Europe Limited Proprietary Rights (in European Private Law) In this context, this may be a concept of the term: Limited proprietary rights are such rights of the following character as are characterised or treated as proprietary rights by any provision of these […]

Void

Void in Europe Definition of Void

Of no legal effect. Unenforceable at law, e.g., an agreement for an immoral consideration. But when an unlawful contract has been executed, money paid either in consideration or performance of the contract cannot be recovered back. If a contract or deed […]