Delaware Code > Title 29 > Chapter 32 – Delaware Heritage Commission
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Terms Used In Delaware Code > Title 29 > Chapter 32 - Delaware Heritage Commission
- Escrow: Money given to a third party to be held for payment until certain conditions are met.
- Ex officio: Literally, by virtue of one's office.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.