standing

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Standing

Level of priority in the trading crowd.

standing

Having a sufficient stake in the outcome of a dispute so as to justify a court in believing that the party will vigorously defend or pursue the rights at issue in litigation.The concept of standing used to be very narrow, so that if a property owner contracted for selective cutting of timber, but the timber company clear-cut and left a devastated wasteland behind, only the property owner could sue for damages because he or she was the only one with standing.Today, the concept has been expanded and would probably include adjoining landowners and even public interest groups who would be recognized as having standing and the ability to sue the timber company.

References in classic literature ?
Chance willed that the guard was changed at that moment, and the corporal very obligingly pointed out to the stranger the spot where the commander of the post was standing.
Thoughts we cannot speak but only listen to flood in upon us, and standing in the stillness under earth's darkening dome, we feel that we are greater than our petty lives.
On his way back, he noticed Rostov standing by the corner of a house.
Suddenly there was a rending, tearing sound, and the earth split into another great crack just beneath the spot where the horse was standing.
That I should be ground to death between the two was lost upon me as I saw the girl standing alone upon the tug's deck, as I saw the stern high in air and the bow rapidly settling for the final dive, as I saw death from which I could not save her clutching at the skirts of the woman I now knew all too well that I loved.
At the end of the yard a dark mass, tinted with a dingy blue by the morning dawn, rose before him, its dark outlines standing out in contrast to the houses already illuminated by the pale light of early morning.
A man was standing at the door of one of the outermost houses on my right hand, looking at me.
In a few years the national distress was so great that the Farmer, the Artisan, and the Labourer petitioned the King to reorganize the standing army.
We had got out of the carriage, and we were standing on a rough half-made gravel-path.
By the way there came up a shower, which compelled me to stand half an hour under a pine, piling boughs over my head, and wearing my handkerchief for a shed; and when at length I had made one cast over the pickerelweed, standing up to my middle in water, I found myself suddenly in the shadow of a cloud, and the thunder began to rumble with such emphasis that I could do no more than listen to it.
Set her down by the large bush with red berries, standing in the snow; don't stay talking, but hasten back as fast as possible.
When Anna was passing the top of the staircase, a servant was running up to announce the visitor, while the visitor himself was standing under a lamp.