1 An example of gauntlet is a long glove with a flared cuff which is worn for protection. 2  An example of gauntlet is a form of punishment when a person is forced to run between two rows of people who are armed with sticks which they use to strike out at the runner.he helmet from a suit of armour with a pair of gauntlets. The definition of a gauntlet is glove or an intimidating, frightening, and sometimes dangerous thing that must be endured or gone through in order to reach a desired place or an end goal.
DEFINITION of 'Tenants In Common-TIC'. The co-owners of an undivided interest in real property. Tenants in common each own a separate and undivided interest in the same real property and each has an equal right to the possession and use of the property.REAKING DOWN 'Tenants In Common-TIC'. For example, if six people hold title to the property, each would own an undivided one-sixth interest. Each tenant in common holds his or her undivided interest in severalty, and can sell, convey, mortgage or transfer that interest through the right of partition.
The term landlord refers to a person who owns property and allows another person to use it for a fee. The person using the property is called a tenant. The agreement between a landlord and a tenant is called a lease or rental agreement.