Business / Real Estate / Littoral Rights: The rights of a landowner whose land borders a pond, lake or ocean shore-line where the body of water is non-flowing. Littoral rights extend to the mean high watermark of ocean or tidal waters.
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Business / Finance / Rights Offering: Issuance to shareholders that allows them to purchase additional shares, usually at a discount to market price. Holdings of shareholders who do not exercise rights are usually diluted by the offering. MORE
Business / Human Resources (HR) / Rightsizing: An approach to reducing staff, whereby jobs are prioritized in order to identify and eliminate unnecessary work. This method uses a selection criteria based on individual jobs, rather than people, in MORE
Business / Agriculture / Riparian Rights: The system of water allocation used in the humid eastern portion of the United States. Water may be used only by riparian landowners and it is recognized that all users will experience shortages perio MORE
Business / Taxes / Rights Of Survivorship: If two or more people own property jointly with rights of survivorship and one of the owners should die, the deceased owner?€™s share of the property automatically passes to the surviving owners. MORE
Business / Agriculture / Purchase Of Development Rights (PDR): The acquisition of property development rights through voluntary sale by the landowner to a government agency or land trust. The government agency or land trust acquiring development rights typically MORE