implied


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Related to implied: Implied terms

Implied

Inferred from circumstances; known indirectly.

In its legal application, the term implied is used in contrast with express, where the intention regarding the subject matter is explicitly and directly indicated. When something is implied, its meaning is derived from the words or actions of the individuals involved. For example, when one individual gives another a gift, the recipient's acceptance is implied if he or she performs acts indicating ownership, such as using the gifts.

implied

adj., adv. referring to circumstances, conduct, or statements of one or both parties which substitute for explicit language to prove authority to act, warranty, promise, trust, agreement, consent, or easement, among other things. Thus circumstances "imply" something rather than spell it out. (See: implied consent, implied warranty, consideration, contract, easement, covenant, easement)

implied

adjective alluded to, allusive, assumed, connoted, expressed indirectly, implicit, indicated, inferential, inferred, insinuated, meant, signified, suggested, tacit, understood, unspoken
Associated concepts: implied acceptance, implied acquiessence, implied admission, implied agency, implied agreeeent, implied authority, implied contract, implied covenant, implied dedication, implied malice, implied nooice, implied powers, implied promise, implied ratification, implied trust, implied warranty
See also: constructive, implicit, insidious, subtle, tacit
References in periodicals archive ?
In order to separate the effect of mispricing, it is necessary to compare the implied return of the stock with its conventional required rate of return.
The issue begins with Luc Herman and Bart Vervaeck's bracing, wide-ranging, and spirited polemic against the concept of the implied author, playfully couched in pseudo-theological language.
LIMITED WARRANTY: * * * NO WARRANTY, GUARANTEE, OR UNDER-TAKING WHETHER EXPRESS OR IMPLIED, WITH RESPECT TO THE HOUSE AND CONSTRUCTION THEREOF, EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT OR IN THE HOW WARRANTY, SHALL BIND OR OBLIGATE THE SELLER.
In New Zealand, the derivatives market has only recently started to develop and until now no implied volatility index has been constructed.
In two mutually-reinforcing essays--"'Implied Author' and Artistic Truthfulness" and "On 'the Implied Author' and its Artistic Generation"--Yuexin Liu offers a systematic discussion of the "artistic truthfulness" of the "implied" author.
These special implied warranties are twofold: the implied warranty of merchantability, and the implied warranty of fitness for a particular purpose.
Implied contracts are determined on a case-by-case basis after examining a combination of factors, such as longevity, promotions, raises, assurances, actions or communications by the employer.
Second, S's continued occupancy of his home is evidence of an implied agreement.
Whaley, 2004, "Does Net Buying Pressure Affect the Shape of Implied Volatility Functions?
For Brinkmann (or rather, his implied author), ethics meant much more than etiquette.
The merger agreement provides for a $29 cap on the implied per share consideration for each share of FNIS common stock.
All this led to a very fertile and active open dialectic on this topic and implied all sorts of new ways to view the world.