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overdraft

: the amount exceeding the balance in an overdraft 2 : a loan or credit extended on a current account esp. to established or institutional customers … overdraft 1 : the act or result of drawing on a bank account for more than the balance ;also : the amount exceeding the balance in an overdraft 2 : a

Further advance, or charge

where the mortgage imposes an obligation to make further advances. Where the mortgage is to secure a current account or any other further advances, notice of an intervening charge will postpone the further advance to that charge

Drawal

thing by whatever name called which has the effect of creating foreign exchange liability. [Foreign Exchange Management (Current Account Transactions) Rules, 2000, s. 2 (b)]

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life insurance

money market interest rates, and by the periodic reporting of current value and company costs charged to the account universal variable life insurance : variable universal life insurance in this entry variable life insurance : life insurance

Faradic

distinguished electrician applied especially to induced currents of electricity as produced by certain forms of inductive apparatus on account of Faradays investigations of their laws … Of or pertaining to Michael Faraday the distinguished electrician applied especially to induced currents of electricity as produced by certain forms of inductive apparatus on account of Faradays investigations of their laws

Current rate of interest

Matched in: Term Current rate of interest

trust

the trust as a source of support for a divorced spouse with a remainder to someone else bank account trust : totten trust in this entry business trust : a trust that is created for the purpose … higher tax bracket, to a beneficiary, often a child, who was in a lower tax bracket. Under the current rules, the settlor is treated as the owner of any portion of a trust in which he or

Incorporated Law Society

is the successor both of these two earlier professional Societies and of the Inns of Chancery. The official account of the objects and constitution of the Society will be found in the Society's Handbook published in 1933. … Committee on questions relating to costs. A library containing upwards of 67,000 volumes, and a hall supplied with current publications and books of reference, the daily cause lists, telegraphic exchange news and telephone, and a conference-room are

Money

' means, as I understand, ' money actually in hand as cash or at a bank on drawing account . . .'' [Warrington, L.J., in Taylor (:in re), (1923) 1 Ch 99 (108)]. '' Money ' is … Money, means current coin; metal stamped in pieces as a medium of exchange and measure of value. Hence, anything serving the

Money Bill

' means, as I understand, ' money actually in hand as cash or at a bank on drawing account . . .'' [Warrington, L.J., in Taylor (:in re), (1923) 1 Ch 99 (108)]. '' Money ' is … Money, means current coin; metal stamped in pieces as a medium of exchange and measure of value. Hence, anything serving the

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