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TO OPEN, OPENING. To open a case is to make a statement of the pleadings in a case, which is called the opening.
     2. The opening should be concise, very distinct and perspicuous. Its use is to enable the judge and jury to direct their attention to the real merits of the case, and the points in issue. 1 Stark. R. 439;S. C. 2 E. C. L. R. 462; 2 Stark. R. 31; S. C 3 Eng. C. L. R. 230.
     3. The opening address or speech is that made immediately after the evidence has been closed; such address usually states, 1st. The full extent of the plaintiff's claims, and the circumstances under which they are made, to show that they are just and reasonable. 2d. At least an outline of the evidence by which those claims are to be established. 3d. The legal grounds and authorities in favor of the claim or of the proposed evidence. 4th. An anticipation of the expected defence, and statement of the grounds on which it is futile, "either in law or justice, and the reasons why it ought to fail. 3 Chit. Pr. 881; 3 Bouv. Inst. n. 3044, et seq. To open a judgment, is to set it aside.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
My findings also address the larger volatility of opening prices documented by Amihud and Mendelson (1987), Stoll and Whaley (1990), and Stoll (2000).
That way they can fill the void left by national brands that abandoned low opening price points to emphasize higher-end items with better margins.
The company has been successful at opening prices because, although RCR brand merchandise has been priced low enough to be distributed elsewhere, the company chose to confine distribution to department and specialty stores.
The rest of the precious metals also dropped by the end of last week, due to quick profit-gaining operations, as the Platinum closed at USD 1,093 per ounce; a drop of USD 17, compared to the opening prices, while the Palladium price went down by USD 22 compared to the opening price to reach USD 752 per ounce.
Therefore, once opening prices start falling below offering prices, securities companies use a larger IPO discount.
Opening prices of the 12 IPOs in August were only 15.5% above the offering prices on average, far below the average of 44.1% for all 89 IPOs thus far in 2007.