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Advance note

Matched in: Term Advance note

Further advance, or charge

Matched in: Term Further advance, or charge

Loan societies

the production of a will or letters of administration not being requisite. The amount which a society may advance is limited to 15l.; and no second loan can be granted until the first is repaid. The society … for money deposited with them (otherwise than by way of gift), and these as well as all other notes and instruments given in pursuance of the Act are exempted from stamp duty. They are also placed on

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advancement

advancement : something given in advance ;specif : money or property given as a gift by a living person … the amount the recipient inherits under the law from the person's estate will be reduced proportionately compare ademption NOTE: Advancements apply only when the person making the gift dies without a will. The Uniform Probate Code requires

collation

of goods to the mass of the succession that is made by an heir who received property in advance for the purpose of having the property divided with the rest of the succession compare hotchpot NOTE: Children

bank discount

bank discount : the interest that is discounted in advance on a note and computed on the face value of the note

Bank discount

Bank discount, means the interest that is discounted in advance on a note and computed on the face value of the note, Webster's Dictionary of Law, Indian Edn.

loan or credit agreement

lender's commitment to lend, repayment and note terms, things that must happen before the lender is obligated to advance funds, representations and warranties, agreements by the borrower to take or not take certain actions, and events of

ademption

his or her death of the same or similar property to the recipient named in the will compare advancement NOTE: Only gifts that are characterized as specific devises, bequests, or legacies are subject to ademption.

Rent

the full value of the tenement, or near it. See RACK-RENT. (7) Fore-hand-rent, otherwise called rent payable in advance. See 2 Bl. Com. pp. 14 et seq.; and Harg. Co. Litt. 144 a, note (5). (8) Ground-rent,

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