Free Legal Funding Dictionary for Lawsuit Cash Advance Industry

Released on = January 29, 2006, 6:55 pm

Press Release Author = James Pomposelli

Industry = Financial

Press Release Summary = Legalfundingdictionary.com has published a new legal funding
dictionary to help consumers better understand the technical aspects of pre
settlement funding at http://www.legalfundingdictionary.com/.

Press Release Body = Legalfundingdictionary.com has published a new legal funding
dictionary to help consumers better understand the technical aspects of pre
settlement funding at http://www.legalfundingdictionary.com/. In a lawsuit cash
advance, a plaintiff receives a cash advance in exchange for paying a portion of the
future cash proceeds of the plaintiff's legal settlement. To understand this new
type of consumer finance, plaintiffs need to be familiar with the terminology in
both the legal and financial fields, but until now have been unable to find a single
dictionary on the internet that explained concepts and terms for both the law and
finance. To make the growing litigation finance market more transparent,
Legalfundingdictionary.com has developed a free legal funding dictionary as a
service to the consumer. A plaintiff may access the legal funding dictionary at the
following link:

http://www.legalfundingdictionary.com/

Here are some sample terms from the legal funding dictionary:

bodily injury, noun: (1) any damage to a person's physical condition including pain
or illness. Lawsuit loan example: to evaluation a lawsuit for a lawsuit loan, the
pre settlement funding company needs to know of any bodily injuries that the
plaintiff received from the accident. See pre settlement funding, lawsuit funding,
medical damages, disability, lawsuit loan and lawsuit cash advance.

borrow, verb: (1) to receive something of value with the promise of giving something
of (usually greater) value at some point in the future, such as receiving cash for a
lawsuit with the promise of paying it back in the future with interest. Lawsuit loan
example: a plaintiff can borrow money against a lawsuit by obtaining a lawsuit loan
or lawsuit cash advance. See lawsuit cash advance, lawsuit funding, interest, pre
settlement funding and lawsuit loan.

cash advance, noun: (1) transaction between a plaintiff and a pre settlement funding
where the plaintiff receives cash today in exchange for selling a portion of his/her
rights to the future cash proceeds of a lawsuit to the pre settlement funding.
Lawsuit loan example: to receive a cash advance from a lawsuit loan company, a
plaintiff will need cooperation from the plaintiff's attorney. See lawsuit funding,
lawsuit loan, rights, lawsuit cash advance and pre settlement funding.

circumstantial evidence, noun: (1) evidence in a trial which is not directly from an
eyewitness or participant and requires some reasoning to prove a fact. There is a
public perception that such evidence is weak (\"all they have is circumstantial
evidence\"), but the probable conclusion from the circumstances may be so strong that
there can be little doubt as to a "preponderance of the evidence\". Lawsuit loan
example: to receive a lawsuit loan, the plaintiff's attorney will have to provide
the lawsuit loan company with any circumstantial evidence that shows the defendant
is responsible and that there are significant damages. See lawsuit loan, lawsuit
funding, evidence, lawsuit cash advance and pre settlement funding.


Web Site = http://www.legalfundingdictionary.com/

Contact Details = James Pomposelli
Legalfundingdictionary.com
60 South Sixth Street, Suite 2420
Minneapolis, MN 55402
(612) 455-1580

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