GAPING-STOCK

\ɡˈe͡ɪpɪŋstˈɒk], \ɡˈe‍ɪpɪŋstˈɒk], \ɡ_ˈeɪ_p_ɪ_ŋ_s_t_ˈɒ_k]\
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1899 - The american dictionary of the english language.
By Daniel Lyons

Word of the day

unjust enrichment

  • legal doctrine stating person receives money or other through no effort of his own, at expense another, recipient should return to rightful owner, even if property was not obtained illegally. Most courts will order that the be returned party who has suffered loss brings a lawsuit. 1. Benefit retention with no consideration of return where it can be reasonably expected. 2. Money obtained that is not a gift the beneficiary needs to make restitution for.
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