sukuk el-tamwil n.— «Egyptian civil law limits the interest on a conventional bond to 7 per cent. This would hardly attract investors, with inflation running at over 30 per cent. However, Law 146 allows for the issue of sukuk el-tamwil...
deep pocket rule n.— «The common law rule of joint and several liability makes each defendant in a tort lawsuit liable for the entire amount of plaintiff’s damages. The rule is sometimes called the “deep pocket” rule.» —“King...
phoneslaughter n.— «In Washington state, it’s not illegal to drive while using a cell phone, nor is law enforcement required to track it as a factor in collisions. And if you kill someone while you’re doing it—called...
bhopalise v.— «To bhopalise means to invest in a country where dealings with governments are secret, labour is cheap, energy is cheap, where there are minimal environmental standards, no occupational health and safety standards, where...
starlight tour n.— «In the case of the men beaten in Stanley Park, police believed they were dealing drugs but couldn’t prove it. Richardson said they took the men on a so-called starlight tour to teach them a lesson the courts wouldn’t...
gauge law n.— «Zee elaborated that the gauge laws, as they are called, explain how the world is put together through four fundamental force fields: gravitational, electromagnetic, weak and strong.» —“Physicist hypothesizes creator...