Acquired - Law Dictionary Search Results

acquisition

: the obtaining of controlling interest in a company compare merger, takeover 2 : a thing gained or acquired

1 a : having adopted [an parent] b : having been adopted [an child] 2 : made or acquired by accepting as one's own the words or actions of another [to constitute an admission…defendant must actually understand

asset

an asset (as goodwill or a patent) that does not have physical form marital asset : an asset acquired by either spouse or both spouses during a marriage NOTE: Marital assets are generally subject to equitable distribution

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Impose

Bombay District Municipal Act means the actual levy of the tax after authority to levy it has been acquired by rules duly made and sanctioned, and it is such imposition that is made subject to the general

basis

of the donor or transferor NOTE: Carryover basis is generally applied to gifts, transfers in trust, and property acquired from a decedent. cost basis : the basis of an asset equal to the amount paid for the

bona fide holder

bona fide holder : a holder of a negotiable instrument who acquired title to the instrument in the ordinary course of business for value before it became due and without

clean-up doctrine

clean-up doctrine : a doctrine of jurisdiction that allows a court of chancery which has acquired jurisdiction in a case to decide both equitable and legal questions provided that the legal questions are incidental

deed

encumbrances made by, through, or under the grantor tax deed : a deed evidencing the transfer of title acquired by the grantee as purchaser of property at a tax sale compare tax certificate trust deed : deed

estoppel

estoppel [probably from Middle French estoupail plug, stopper, from estouper to stop up see estop ] 1 : a bar to the use of contradictory words or acts in asserting a claim or right against another...

homestead

homestead esp. for the purpose of taking advantage of a homestead exemption 2 : a tract of land acquired from U.S. public lands by filing a record and living on and cultivating the tract

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