Simple English definitions for legal terms
Read a random definition: capital-gain distribution
Definition: A command or instruction given by a court or judge that relates to some intermediate matter in a case, not disposing of the merits, but adjudicating a preliminary point or directing some step in the proceedings. It can also refer to an investor's instruction to buy or sell securities.
The first example illustrates how a time order can be a temporary court decree that is issued during the pendency of a case, before the final order or judgment has been entered. The second example illustrates how a time order can be an investor's instruction to buy or sell securities at a specific time or price.