'Qualified property' definitions:
Definition of 'Qualified property'
From: GCIDE
- Qualified \Qual"i*fied\, a.
- 1. Fitted by accomplishments or endowments. [1913 Webster]
- 2. Modified; limited; as, a qualified statement. [1913 Webster]
- Qualified fee (Law), a base fee, or an estate which has a qualification annexed to it, the fee ceasing with the qualification, as a grant to A and his heirs, tenants of the manor of Dale.
- Qualified indorsement (Law), an indorsement which modifies the liability of the indorser that would result from the general principles of law, but does not affect the negotiability of the instrument. --Story.
- Qualified negative (Legislation), a limited veto power, by which the chief executive in a constitutional government may refuse assent to bills passed by the legislative body, which bills therefore fail to become laws unless upon a reconsideration the legislature again passes them by a certain majority specified in the constitution, when they become laws without the approval of the executive.
- Qualified property (Law), that which depends on temporary possession, as that in wild animals reclaimed, or as in the case of a bailment. [1913 Webster]
- Syn: Competent; fit; adapted.
- Usage: Qualified, Competent. Competent is most commonly used with respect to native endowments and general ability suited to the performance of a task or duty; qualified with respect to specific acquirements and training. [1913 Webster]