Accretion - Law Dictionary Search Results
Home Dictionary Name: accretionAccretion
Accretion [fr. accresco, or adcresco, Lat.], the act of growing to a thing; usually applied to the gradual and imperceptible accumulation of land out of the sea or a river. Accretion of land is of two kinds: by alluvion, i.e., by the washing up of sand or soil, so as to form firm ground; or by dereliction, as when the sea shrinks below the usual water mark. If this accretion of land be by small and imperceptible degrees, it belongs to the owner of the land immediately adjacent to it, but if it be sudden and considerable it belongs to the Crown, Hale, De Jure Maris, 14; 2 Bl. Com. Ch. Xvi; A.G. of Southern Nigeria v. John Holt & Co., 1915 AC p. 613. Consult Coulson & Forbes on the Law of Waters. See ACCESSION....
accrete
accrete ac·cret·ed ac·cret·ing vi : to grow or become attached by accretion vt : to cause to adhere or become attached ...
accretion
accretion 1 : the process or a result of growth or enlargement: as a : the increase or extension of the boundaries of land or the consequent acquisition of land accruing to the owner by the gradual or imperceptible action of natural forces (as by the washing up of sand or soil from the sea or a river or by a gradual recession of the water from the usual watermark) ;also : accession in which the boundaries of land are enlarged by this process compare avulsion, reliction b : increase in the amount or extent of any kind of property or in the value of any property [s to a trust fund resulting from the increase in value of…securities in which its corpus is invested "In re Estate of Gartenlaub, 244 P. 348 (1926)"] NOTE: Accretion in value of the principal of a trust is generally not considered income. c : enlargement of a bargaining unit by the addition of new employees 2 in the civil law of Louisiana : the passing to an heir or conjoint legatee of the right to accept a porti...
avulsion
avulsion [Latin avulsio act of tearing away, from avellere to tear away, from a- off, away + vellere to pull, pluck] : a sudden cutting off of land by flood or change in the course of a body of water ;esp : one that separates a portion from one person's property and joins it to the property of another compare accretion ...
jus accrescendi
jus accrescendi [Latin, literally, right of increasing] : a right of accrual ;specif : right of survivorship compare accretion ...
reliction
reliction [Latin relictio act of leaving behind, from relinquere to leave behind] 1 : the gradual recession of water leaving land permanently uncovered 2 : land uncovered by reliction compare accretion ...
Alluvion or Alluvio
Alluvion or Alluvio [fr. alluo, Lat.], land imperceptibly gained from the sea or the river by the washing up of sand and soil so as to form terra firma, 2 Bl. Com. 261; res. Cotidian' Dig. 40, tit. 1, s. 7. See ACCRETION, and Hindson v. Ashby, (1896) 2 Ch 1....
Bonus shares
Bonus shares, bonus share is an accretion. A bonus share is issued when the company capitalises its profits by transferring an amount equal to the face value of the share from its reserve to the nominal capital. In other words the undistributed profit of the company is retained by the company under the head of capital against the issue of further shares to its shareholders. Bonus shares have, therefore, been described as a distribution of capitalised undivided profit, Standard Chartered Bank v. Custodian, (2000) 6 SCC 427: AIR 2000 SC 1488 (1499). [Companies Act, 1956 Sch I, Table A, Rr. 96 (97)]...
Interest
Interest, an interest for the purposes of the regula-tion was not limited to a direct financial interest and included membership of a panel such as the panel of which the claimant's solicitors were members that, therefore, the Claimant's Solicitors had had an interest in recommending the insurance which they recommend to her; that, in the circumstances, there had not been sufficient disclosure of that interest; and that, accordingly, there had been a material breach of regulation 4(2)(e)(ii) and the conditional fee agreement was unenforceable [See (English) Conditional Fee Agreements Regulation, 2000 (SI 2000/692), reg. 4(2)(c)(e)(ii)], Garrett v. Halton BC, (2007) 1 WLR 554 CA Cir.Interest, inter alia as the compensation fixed by agreement or allowed by law for the use or detention of money, or for the loss of money by one who is entitled to its use; especially, the amount owed to a lender in return for the use of the borrowed money [Black's Law Dictionary (7th Edn.) pp. 393-94 para 3...
Jus accrescendi
Jus accrescendi (the right of survivorship). See JOINT-TENANCY.Means 'right of accretion'. A right of accrual; esp., the right of survivorship that a joint tenant enjoys, Black's Law Dictionary, 7th Edn., p. 863....
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