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BUSINESS LAW GLOSSARY |
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Glossary of Business
Law Terms
A
B C
D E
F G
H I
J K L
M N
O P
Q R S
T U
V
W X Y Z #
Click on
the first letter of the word from the list above to go to
the appropriate section of the glossary. Contact us if you would like a personal injury law glossary or
one of other legal glossaries for
your website.
- M -
Mental Anguish: Mental suffering. In some
cases, damages may be awarded for mental anguish even though no physical injury
is present.
Mercantile Law: Broad area of the law
(also called commercial law), statutes, cases and customs which deal with trade,
sales, buying, selling, transportation, contracts and all forms of business
transactions.
Merger: The joining together of two
corporations in which one corporation transfers all of its assets to the other,
which continues to exist.
Minimum Wage: The set minimum hourly rate
that employers in certain industries are required by law to pay their employees.
Mitigation: Action by an employee that
will reduce the amount of damages resulting from an unlawful employment
practice, i.e., obtaining new employment after a wrongful termination.
Monopoly: A business or inter-related
group of businesses which controls so much of the production or sale of a
product or kind of product as to control the market, including prices and
distribution.
Motion: An application to the court
requesting an order or rule in favor of the applicant.
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Glossary.
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