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Simple English definitions for legal terms
unica taxatio
Read a random definition: cram-down
A quick definition of unica taxatio:
Term: UNICA TAXATIO
Definition: Unica taxatio means "a single taxation" in Law Latin. It refers to the practice of having a jury assess damages against both a defendant who contests the case and a defaulting defendant.
Term: UNICO CONTEXTU
Definition: Unico contextu is a Law Latin phrase that means "in one connection." It refers to something that is accomplished by the same act or by different acts performed at the same time. For example, when more than one party signs a deed, it is not necessary for them to sign at the same time and place, but if two notaries sign for a person who cannot write, they must sign unico contextu at the same time and place, and before the same witnesses.
A more thorough explanation:
unica taxatio (yoo-nuh-kuh tak-say-shee-oh) is a Latin term used in law.
It means "a single taxation" and refers to the practice of having the jury assess damages against both a defaulting defendant and a defendant who contests the case.
For example, if two people are being sued for damages and one of them fails to show up in court, the jury may assess damages against both defendants instead of just the one who showed up.
unico contextu (yoo-ni-koh kuhn-teks-too) is another Latin term used in law.
It means "in one connection" and refers to something that is accomplished by the same act or by different acts performed at the same time.
For example, if two people sign a legal document but they are not in the same place at the same time, their signatures do not need to be unico contextu. However, if two notaries sign for someone who cannot write, they must sign unico contextu at the same time and place, and before the same witnesses.