Still, as he had confessed, his temperament inclined him to retroactive investigation. But a person who cannot take this oath, retroactive though it be, must have been a traitor. This term is never used in civil law, but the term retroactive statute expresses the same idea.
What is 'Price Action'. Price action is the movement of a security's price. Price action is encompassed in technical and chart pattern analysis, which attempt to find order in the sometimes seemingly random movement of price. Swings (high and low), tests of resistance and consolidation are some examples of price action.
legal Definition of direct action 1: an action in which the plaintiff sues a person's insurer without first obtaining a judgment against the insured or joining the insured 2: a suit by a shareholder for an injury to himself or herself independent from any injury to the corporation â called also individual action; compare derivative action