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Non Est Factum
A legal defense claiming a contract is invalid due to a serious misunderstanding or mistake about its nature or terms.
Negotiable Instruments
Financial documents that guarantee the payment of a specific amount of money, either on demand or at a set time, with the payee able to transfer it to another holder.
Non Est Factum
A legal defense meaning "it is not my deed" used when a person signed a document mistakenly or under a fundamental misunderstanding.
Foreclosure
A legal process by which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments by forcing the sale of the asset used as the collateral for the loan.
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