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Earned surplus

and the balance is regarded as 'earned surplus' at the end of the year. This account is specifically allocated for utilisation for the purpose of business year after year. It is an account in which the net

Dividend

(40 of 1982), s. 2(h)] Dividend, is a share of profits, whether at a fixed rate or otherwise, allocated to the holders of shares in a company, Henry v. Great Northern Rly. Co., (1857) 1 De G&J

Court of record

666. In relation to any matter, means the court to which proceedings with respect to the matter are allocated or transferred, Halsbury's Laws of England, Vol. 3(2), para 747, p. 405. Members of the State judiciary below

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Cess

s. 2(b)] The term cess in commonly employed the connote a tax with a purpose or a tax allocated to a particular thing it also means an assessment or levy, State of West Bengal v. Kesoram Industries

Budget

of an organisation's estimated revenues and expenses for a specified period, usually a year; a sum of money allocated to a particular purpose or project, Black Law Dictionary, 7th Edn., p. 189. Budget, In U.K. budget proposals

citizens band

that portion of the radio frequency spectrum allocated by the FCC for the use of individual citizens for short distance personal or business use from either

Oncost

any particular article manufactured or work done as where different kinds of goods are produced but must be allocated so that each kind of goods or work shall bear its proper share

managed economy

A non market economy in which government intervention is important in allocating goods and resources and determining prices

free enterprise

economic system having predominantly private ownership of the means of production and relying chiefly on market forces to allocate goods and resources and to determine prices and having a minimum of governmental interference in economic decisions also

CB

same as citizens band that portion of the radio frequency spectrum allocated by the FCC for the use of individual citizens for short distance personal or business use from either

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