Glossary of Terms
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| INDEMNIFY | |
| To secure against hurt, loss or damage; to make compensation to for incurred hurt, loss or damage. | |
| INDENTURE | |
| A document or deed, usually in duplicate, expressing certain objects between the parties. | |
| INFANT | |
| A person who is a minor, under the age of eighteen, and thus incapable of the independent judgment necessary to undertake a legal obligation. | |
| INJUNCTION | |
| A judicial process or order requiring the person to whom it is directed to do, or refrain from doing, a particular thing. | |
| INSTRUMENT | |
| A form of written legal document. | |
| INTEREST RATE | |
| The percentage which is charged for the use of borrowed money. | |
| INTESTATE | |
| A person who dies without a will, or leaves one which is defective in form, in which case his estate descends by operation of law to his heirs or next of kin. | |
| IRREVOCABLE | |
| Incapable of being recalled or revoked; unchangeable, unalterable. | |