Unfair Dismissal
Unfair Dismissal is the firing of an employee that while done legally is considered to be unnecessarily. It is illegal in many countries and is also called wrongful dismissal.
Unspecified amount of money
An unspecified amount of money is one which is not precise. For example, if you are claiming damages (compensation) for loss or injury, you might not be able to work out exactly what those damages are
Unspecified Claim
An Unspecified Claim is a claim where the amount to be awarded is left to the Court to determine, e.g. damages to be assessed for personal injuries. Previously known as an unliquidated claim
Vacancy Factor
Vacancy Factor is a gross loss of income from an untenanted property available for lease.
Varied Order
A Varied Order is when a defendant cannot pay the instalments set out by a Court they may ask for reduced instalments over a longer period of time.
Vendee
A Vendee is a buyer of goods or services.
Vender
A Vender is an individual or organisation that sells goods or services.
Vendor
The seller in a sale, especially of property.
Verdict
Verdict is the finding of guilty or not guilty, as conducted by a jury.
Vested In Possession
Indicating an immediate right to the enjoyment of an interest in property.