Legal Definitions - DEM

Term: DEM
Definition:dem.abbr.DEMISE
Explanation: DEM is an abbreviation for the word "demise". Demise means the end or termination of something, usually referring to the death of a person or the end of a business or organization. It can also refer to the transfer of property or assets from one person to another, often through inheritance or sale.
Example: The demise of the company was due to poor management and financial mismanagement.
Example: The king's demise led to a period of instability and uncertainty in the kingdom.
Example: The lawyer handled the legal aspects of the demised property, ensuring that it was transferred to the rightful heir.
Illustration: The examples show how the term "demise" can be used in different contexts to refer to the end or termination of something. The first example shows how it can refer to the end of a business, the second example shows how it can refer to the death of a person, and the third example shows how it can refer to the transfer of property.