Accumulation - Law Dictionary Search Results
trust
labeled as trusts have all of these characteristics, however. Trusts are often created for their advantageous tax treatment. accumulation trust : a trust in which principal and income are allowed to accumulate rather than being paid out
accrue
the press] [interest s to the seller as a result of the delay] 3 : to be periodically accumulated in the process of time whether as an increase or a decrease [the accruing of taxes] [allowing the
fund
set up by mutual insurance companies to cover unforeseen losses sink·ing fund : a fund set up and accumulated by regular deposits for paying off the principal on a debt or for other specified purposes (as self-insurance)
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Maintenance
and Wolst. And Cherry, Conveyancing Statutes. As a rule, powers or trusts for the maintenance of children and accumulation of the residue of income were included in all carefully drafted settlements and wills. 'Maintenance' must vary according
Widow
of the intestate. A married infant can give a receipt for income. The statutory powers for advancement, maintenance, accumulation of income and hotchpot (q.v.) are to apply and the personal representatives may allow infants to use personal
Thellusson Act
Thellusson Act (English) (39 & 40 Geo. 3, c. 98). See ACCUMULATION.
Snow
1924, s. 10, is to prevail over any bye-law. If any obstruction shall arise in any highway from accumulation of snow, the surveyor is required from time to time, and within twenty-four hours after notice thereof from
Sinking fund
Sinking fund. A fund formed for the redemption of a debt by the periodical accumulation of fixed amounts by the borrower.
Protection money
Protection money, unaccounted accumulation of black money in the hands of a few has encouraged the gangsters to widen the scope of
Property
252. Comprises every form of tangible property, even intangible, including debts and chooses in action such as unpaid accumulation of wages, pension, cash grants, and constitutionally protected privy purse, See M.M. Pathak v. Union of India, AIR
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