401(k) Plan
A defined contribution retirement plan allowing employees to defer a portion of their salary into individual accounts — contributions may be pre-tax (traditional) or after-tax (Roth). Employer matching is common.
Living Language Lexicon of the Soteria Covenant
Showing 25 of the published terms below. Use Search above or the letter index to browse the full lexicon. Each term has a permalink under /t/<slug>; the full sitemap lists every approved entry.
A defined contribution retirement plan allowing employees to defer a portion of their salary into individual accounts — contributions may be pre-tax (traditional) or after-tax (Roth). Employer matching is common.
A retirement plan for employees of public schools, tax-exempt organizations, and ministers — similar to a 401(k) but available to nonprofit employers. Includes tax-sheltered annuities.
A tax-exempt charitable organization organized and operated exclusively for religious, charitable, scientific, literary, or educational purposes — donations are tax-deductible.
A tax-exempt social welfare organization — civic leagues, social welfare organizations, and local associations of employees. Not eligible for tax-deductible donations.
To give up completely — abandon property (relinquish), abandon a claim (withdraw), abandon a child (neglect). The voluntary relinquishment of rights or property with no intent to reclaim.
The voluntary relinquishment of contractual rights — walking away from performance without excuse. May constitute a breach entitling the other party to damages.
The voluntary relinquishment of a right, claim, or property — with no intention of reclaiming it. Abandonment extinguishes the right.
The insured's surrender of all interest in a vessel or cargo to the insurer — claiming a constructive total loss. The insurer becomes the owner of the abandoned property.
The voluntary relinquishment of all rights in a vessel or cargo. An insured may abandon a vessel to the insurer after a constructive total loss and claim the full insured value.
The cessation of use of a trademark with intent not to resume — three years of non-use creates a presumption of abandonment. The mark loses protection and becomes available.
The voluntary relinquishment of property with no intention of reclaiming it. Abandoned property may be claimed by anyone who takes possession. Distinguished from lost property (involuntary loss).
A tenant's voluntary departure from leased premises without intent to return — and without fulfilling the lease obligations. The landlord may re-enter and terminate the lease.
Ceasing use of a mark with intent not to resume — three years of non-use creates a presumption. The mark loses protection and falls into the public domain.
To reduce or eliminate — abate a nuisance (remove), abate taxes (reduce), abate legacies (reduce when estate is insufficient). To diminish or put an end to.
The reduction of legacies and devises when the estate's assets are insufficient to pay all bequests in full — general legacies abate before specific legacies.
A reduction, decrease, or elimination — abatement of a nuisance (eliminating it), abatement of taxes (reducing them), abatement of legacies (reducing bequests when assets are insufficient).
The elimination of a nuisance — by court order (injunction), by the injured party (self-help abatement if reasonable), or by the government (public nuisance abatement).
The termination of a legal proceeding due to a defect in the action — death of a party, lack of jurisdiction, or failure to join a necessary party. The claim may be refiled.
The proportional reduction of bequests when the estate cannot fully fund all gifts — residuary gifts abate first, then general gifts, then demonstrative gifts, then specific gifts.
The reduction of legacies and devises when the estate assets are insufficient to satisfy all bequests in full, following a statutory or common law order of priority.
The unlawful taking away of a person by force, fraud, or persuasion — particularly of a child or woman. Distinguished from kidnapping (which typically requires transportation).
Unlawful taking of a person — by force, fraud, or persuasion. Child abduction is a federal crime under the International Parental Kidnapping Crime Act.
Latin: 'going astray of the blow.' In criminal law, when a person aims at one target but accidentally hits another — the transferred intent doctrine may apply.
To assist, encourage, or incite another person to commit a crime — 'aiding and abetting' creates criminal liability equal to that of the principal.
To encourage, incite, or assist another in committing a crime — aiding and abetting makes the abettor criminally liable as if they committed the offense themselves.
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