Category: N

Refers to Unclassifiable insured usually on workers compensation rating manuals or liability manuals.

term that means to have a signature on a document that has been authenticated by signing it in front of a notary public.

Items that do not meet the specifications of a set criteria or classification.

A public officer whose function is to attest and certify, by his hand and official seal, certain classes of documents, in order to give them credit and authenticity in foreign jurisdictions; to take acknowledgments of deeds and other conveyances, and certify the same; and to perform certain official acts, chiefly in commercial matters, such as the protesting of notes and bills, the noting of foreign drafts, and marine protests in cases of loss or damage. See Kirk- sey v. Bates, 7 Port. (Ala.) 531, 31 Am. Dec. 722; First Nat. Bank v. German Bank, 107 Iowa, 543, 78 N. W. 195, 44 L. R. A. 133, 70 Am. St. Rep. 216; In re Huron, 58 Kan. 152, 48 Pac. 574, 36 L. R. A. 822, 62 Am. St. Rep. 614; Bettman v. Warwick, 108 Fed. 46, 47 C. C. A. 185.

A special traverse used in an action of trover, alleging that de- fendant was not possessed, at the time of action brought, of the chattels alleged to have been converted by him.

A verdict in a Scotch criminal trial, to the effect that the guilt of the accused is not made out, though his innocence is not clear.

A return sometimes made by sheriffs or constables to a writ of execution; but it is not a technical formula, and is condemned by the courts as ambigu- ous and insufficient. See Martin v. Martin, 50 N. C. 340; Langford v. Few, 140 Mo. 142, 47 S. W. 927, 09 Am. St. Rep. 606; Merrick v. Carter, 205 111. 73, 68 N. E. 750.

When the amount available in the drawer’s account is less than the amount stated on the check, the bank reserves the right to return the check to the depositor. When this occurs, the depositor is expected to pay a penalty to the bank. If this occurs frequently, the bank reserves the rightto unilaterally close the holder’s account. It is considered a crime in some locations, to issue a check that will be returned.

A policy that has been rejected or not claimed by the insured even though they are eligible for the policy claims.

When negotiating a contract, it is the assurance from the vendor that the value of the property will not be greater than the proposed value and the estimates that will be submitted later. Depending on the changes made to the property, the NLT value may be higher or lower.