Examlex
Effective use of diversification principles allows an FI to reduce the total default risk in a portfolio.
Default Judgement
A judgment entered by a court for the plaintiff when the defendant fails to respond to a legal action.
Memorandum of Law
A detailed written document prepared by an attorney to present legal arguments and precedents in support of a case.
Motion to Dismiss
A legal request asking a court to dismiss a case mainly on the grounds that even if all facts claimed are true, there is no legal basis for a lawsuit.
Affidavit
A written statement confirmed by oath or affirmation, used as evidence in court.
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