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seal |
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seal (1) An embossed impression created by a metal die pressed upon paper.A notary public seal, a corporate seal,or a government agency seal are all proof that the signature of that person is genuine and authorized,because they would not otherwise have access to the embosser to create the seal.(2) Originally,an impression made in wax upon a contract.It took the place of reciting consideration, having a signature, or having witnesses for the contract. Today, some statutes allow certain symbols,such as the initials “l.s.”to take the place of a seal,transforming a standard contract into one “under seal.”Where still recognized, contracts under seal may have a longer statute of limitations than others. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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