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SourceLaw Dictionary Browse Letter T

To Continue

Legal definition for Indian law research

Definition

To continue, means when bonds are purchased without having been paid for but the broker is instructed to carry them over, who accordingly continues them......... e.g., instructs the bank to do so, the expression 'to continue' means to sell and to agree to rebuy the same amount of stock at a future day at the same price and a sum for the accommodation. Such transaction is not a loan, but sale and repurchase, Bongio Vanni v. Societe General, (1886) 54 LT 320.

Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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