Banker Definition | Legal Glossary | LexisNexis (2024)

FAQs

What is the legal definition of a banker? ›

law. A banker is one engaged in the business of receiving other persons money in deposit, to be returned on demand discounting other persons' notes, and issuing his own for circulation. One who performs the business usually transacted by a bank. Private bankers are generally not permitted.

contract - An agreement between two or more persons that creates an obligation to do or not to do a particular thing. conviction - A judgment of guilt against a criminal defendant. counsel - Legal advice; a term used to refer to lawyers in a case. counterclaim - A claim that a defendant makes against a plaintiff.

Any signed document that incorrectly records what the signatories intended may be fixed by a court if one of its signatories applies. Typically, a party to a contract will not be discharged from its obligations under the contract just because of a mistake in the contract's terms. Also known as error of fact.

Plaintiff: The person who sues or starts a civil case, also called the petitioner or the complainant.

The banker is a person who: (1) accepts money from, and collects cheques for, his customers and places them to his credit; (2) honours cheques or orders drawn on him by his customers when presented for payment and debits his customers accordingly; and (3) keeps current accounts in his books in which the credits and ...

Bankers often have degrees in business management, finance, economics, or mathematics and can begin their career after graduating with a bachelor's. There are several career paths within banking including investment banking, personal banking, wealth management, and bank management.

Some common synonyms of law are canon, ordinance, precept, regulation, rule, and statute.

First, a contract may have the defined terms listed in a standalone section typically found at the beginning of the agreement. A second option is to embed the definitions throughout the agreement. Using this method, the first time that the word is used, there is a definition that follows it.

IPA guide. Legal means having to do with the law, or following the law.

MORAL TURPITUDE Definition & Legal Meaning

term that is applied to an offense or a crime that is illegal but also shows a person's baseness and depravity.

What is a de facto in black law? ›

In fact, in deed, actually. This phrase is used to characterize an officer, a government, a past action, or a state of affairs which exists actually and must be accepted for all practical purposes, but which is illegal or illegitimate.

Definition & Citations:

A fraudulent and cheating misrepresentation, artifice, or device, used by. one or more persons to deceive and trick another, who is ignorant of the true facts, to. the prejudice and damage of the party imposed upon.

False accusations of criminal activity are generally considered to be defamation per se, which means they are defamatory by their very nature. In order to sue for defamation based on false accusations of a crime, you need to show: Someone made a false statement of fact—in this case the false accusation—to a third party.

The short answer is no. In all criminal courts in America, State and Federal, the Constitution requires that the Government prove a criminal charge brought against a person beyond a reasonable doubt. This is a very high burden, often higher than in other countries.

A banker is a professional who advises clients on financial concerns and how to better manage their finances. Savings, loans, taxes, investments, and securities are all part of a banker's responsibilities. The banker will provide the client with financial assistance based on their requirements and needs.

Banker is a professional who is responsible for managing financial transactions of clients. Bankers provide financial advice to clients, and help them with investments, loans, and other financial services. Bankers should have a good understanding of financial markets, banking regulations, and accounting principles.

The top three skills for a banker include taking care, financial services and securities. The most important skills for a lawyer are litigation, law firm, and legal issues.

As a financial mediator, a bank accepts deposits from those who are willing to keep their money with the safety of the bank & seek small extra money for future needs. On the other end, the bank also lends money on loans to the needy and gains interest on that loan.