MLchartDataset catalogue

Passive

Term · Law · MLC-T-LAW-003645

Describing a legal status or role where an individual or entity does not actively participate or initiate action, but rather is subject to the actions of others or has limited involvement. This can apply to income, investments, or the role of a party in a legal dispute. Passive income, for example, is earnings derived from a rental property or a business in which one is not actively involved.

Table 1. Record
IdentifierMLC-T-LAW-003645
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-003645",
  "term": "Passive",
  "field": "Law",
  "definition": "Describing a legal status or role where an individual or entity does not actively participate or initiate action, but rather is subject to the actions of others or has limited involvement. This can apply to income, investments, or the role of a party in a legal dispute. Passive income, for example, is earnings derived from a rental property or a business in which one is not actively involved.",
  "url": "https://mlchart.com/terminology/law/passive/"
}

Record 3,650 of 5,441 in Law terminology (MLC-0107). Request the full dataset.