n.1.(Law) A vacation between two terms of a court.
Webster's Revised Unabridged Dictionary, published 1913 by G. & C. Merriam Co.
References in periodicals archive ?
And because your premiums (in nonterm policies) are never thrown away, these premiums remain as assets in your household balance sheet.
While the transition to nonterm contracts reduces purchasing friction and offers local businesses more flexibility in purchasing ads, it also appears to be causing unexpected volatility in paying accounts and other operational issues, Egbert stated.
Births with unspecified county of residence or birth, plural deliveries (e.g., twins), gestational period > 44 weeks, gestational period < 37 weeks (nonterm births), birth weight < 1,000 g or > 5,500 g, different counties of residence and delivery, or impossible gestational age and birth weight combinations were excluded from analysis (Alexander et al.
Students in nonterm or nonstandard-term programs are considered withdrawn if their next class does not begin within a certain length of time and they do not provide written notification of their intention to attend later in the term.
For example, NOW accounts in M1 and MMDAs in M2 are nonterm deposits, but small and large denomination time deposits in M2 and M3 are term assets.
Motley proposed classifying all nonterm deposits, money that can be accessed without notice and at par, as a new monetary aggregate.
* To avoid arbitrary sweeps of bank accounts and other liquid assets (such as the cash value of any nonterm life insurance policy), consider transferring these funds to an attorney's escrow for remittance to the IRS (a portion to be separately deposited towards the current year's estimated taxes, particularly for any premature IRA withdrawals, and the balance to be submitted to the IRS towards the offer in compromise).
A split-dollar arrangement exists where one party pays for the insurance element in a policy and another pays for the increase in cash surrender value as a means of financing a nonterm life insurance contract.
The legal translator, particularly a beginner, should be aware of the fact that many 'nonterms' change their meanings to a great extent in legal contexts and thus, acquire meanings, which sometimes are not even fixed in dictionaries.