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Responsibility or obligation to carry something
- In legal terms, "bear" often refers to the responsibility or obligation to carry something, such as a burden or a duty. For example, if someone bears a debt, it means they are responsible for paying it back.
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What is a bearer instrument?
What does "bear" mean in legal terms? In legal terms, "bear" often refers to the responsibility or obligation to carry something, such as a burden or a duty. For example, if someone bears a debt, it means they are responsible for paying it back.
- bear market
What does "bear market" mean in legal documents? A bear...
- bear market
What does Bear mean? Someone who thinks the market, or a particular share, will decline. A bear market is one in which most prices are falling. Also used adjectivally, as in ‘bearish’, ‘bear market’ and so on.
Sep 19, 2018 · To bear (infinitive), bore (past simple), borne (past participle). Example: The Company will bear all travel costs. This word features in Episode 53 of the Study Legal English Podcast.
bearer. n. anyone holding something, such as a check, promissory note, bank draft, or bond. This becomes important when the document (generally called a "negotiable instrument") states it is "payable to bearer," which means whoever holds this paper it can receive the funds due on it.
There are two requirements for a term to be implied in law: El Awadi v Bank of Credit and Commerce International SA [1989] 1 All ER 242. Firstly, the contract must be of a ‘defined type’. Secondly, the term must be ‘necessary’.
Pertains to the connection or relevance between certain matters. How to use "bear" in a sentence. The evidence will bear significance in determining the case's outcome. The contraband that the suspect was found to bear resulted in additional charges. The witness's testimony did not bear any relevance to the charges against the defendant.
What does "bear market" mean in legal documents? A bear market refers to a time when the prices of stocks or other investments are consistently falling. This decline usually lasts for several months or even years. It’s the opposite of a bull market, where prices are rising.
