Business, Legal & Accounting Glossary
adj. shorthand acronym of Latin for non obstante veredicto (nahn ahb-stan-tuh very-dick-toe) meaning “notwithstanding the verdict,” referring to a decision of a judge to set aside (reverse) a jury’s decision in favor of one party in a lawsuit or a guilty verdict when the judge is convinced the judgment is not reasonably supported by the facts and/or the law. The result is called a “judgment N.O.V.” Granting a motion for such a ruling means the court realizes it should have directed the jury to reach an opposite verdict in the first place.
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This glossary post was last updated: 28th April, 2020 | 0 Views.