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Legal Definitions - amalgamation

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Definition of amalgamation

Definition: The act of combining or uniting; consolidation.

Example: The amalgamation of two small companies to form a new corporation.

Explanation: Amalgamation refers to the process of combining two or more entities into one. In the given example, two small companies merge to form a new corporation, which is an example of amalgamation.

Definition: A compilation of maritime law made late in the 11th century at the port of Amalfi near Naples.

Example: The Amalphitan Code was regarded as a primary source of maritime law throughout the Mediterranean to the end of the 16th century.

Explanation: The Amalphitan Code was a set of laws related to maritime activities that were compiled in the 11th century. It was considered as a primary source of maritime law in the Mediterranean region for several centuries. The given example illustrates the significance of the Amalphitan Code in the maritime industry during that period.

The young man knows the rules, but the old man knows the exceptions.

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Simple Definition

Amalgamation: When two or more things come together to become one. For example, when two small companies join together to form a new bigger company. This is also called a merger.

Amalphitan Code: A set of rules about how ships and boats should behave when they are at sea. It was made a long time ago in a place called Amalfi, and people used it for many years to help them make fair decisions about things that happened on the sea.

The life of the law has not been logic; it has been experience.

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The difference between ordinary and extraordinary is practice.

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