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Legal Definitions - alleviare
Definition of alleviare
Alleviare refers to the act of imposing, collecting, or paying a financial penalty or a sum of money agreed upon as a settlement. It encompasses both the action of an authority demanding payment and the action of an individual or entity making that payment.
Here are some examples to illustrate this term:
Example 1: Regulatory Body Levying a Fine
A national financial regulator discovers that a bank has failed to comply with certain anti-money laundering regulations. After an investigation, the regulator issues a formal order requiring the bank to pay a significant monetary penalty for its non-compliance. This action by the regulator, in imposing and collecting the fine, is an instance of alleviare.Example 2: An Individual Paying a Penalty
A homeowner fails to clear snow from their sidewalk within the time specified by a city ordinance. Consequently, the city issues a citation with a fine. The homeowner then proceeds to pay this fine at the municipal office. The homeowner's act of paying the penalty for the ordinance violation demonstrates alleviare.Example 3: A Company Paying a Composition
A software company is accused by a competitor of patent infringement. To avoid a protracted and expensive lawsuit, the two companies enter into a confidential settlement agreement where the accused software company agrees to pay a specific lump sum to the competitor. This payment, made to resolve the dispute and avoid further litigation, is an example of alleviare as a composition.
Simple Definition
Alleviare is a legal term that refers to the act of levying or paying a fine. Essentially, it means either imposing a financial penalty or fulfilling that penalty by making the required payment.