Annual Charge - Law Dictionary Search Results
Home Dictionary Name: annual charge Page: 2account
account 1 a : a record of debit and credit entries to cover transactions involving a particular item (as cash or notes receivable) or a particular person or concern b : a statement of transactions during a fiscal period showing the resulting balance sometimes used in the pl. [trustees filed annual s as required by statute "W. M. McGovern, Jr. et al."] 2 : a periodically rendered reckoning (as one listing charged purchases and credits) 3 : a sum of money or its equivalent deposited in the common cash of a bank and subject to withdrawal at the option of the depositor 4 : a right under Article 9 of the Uniform Commercial Code to payment for goods or services which is not contained in an instrument or chattel paper and that may or may not have been earned by performance vi : to give a financial account [a duty to ] ...
nominal
nominal 1 : existing or being something in name or form but usually not in reality [defenses…raised by the corporation as defendant in a derivative suit "R. C. Clark"] 2 : being so small or trivial as to be a mere token [charging a fee] 3 of a rate of interest a : equal to the annual rate of simple interest that would obtain if interest were not compounded when in fact it is compounded and paid for periods of less than a year b : equal to the percentage by which a repaid loan exceeds the principal borrowed with no adjustment made for inflation compare effective nom·i·nal·ly adv ...
short rate
short rate 1 : an insurance premium charge for less than a year of coverage that is more than a pro rata part of the annual premium 2 : an insurance policy written for less than one year called also short term ...
Commutation
Commutation, conversion; the change of a penalty or punishment from a greater to a less; or giving one thing in satisfaction of another-as commuting tithes into a rent-charge, copyhold services into money payments, etc., annual payments into one lump payment, as under the (English) Pensions Commutation Act, 1871 (34 & 35 Vict. c. 36)....
Tora Garas Hyk
Tora Garas Hyk, an annual payment or rent-charge of a fixed nature on a village jampa, made by the Bombay Government through their collectors in the different zillahs of Guzerat, Indian....
Rate
Rate, A contribution levied by some public body for a public purpose, as a poor rate, a highway rate, a sewers rate, upon, as a general rule, the occupiers of property within a parish or other area.Proportional or relative value; the proportion of which quantity or value is adjusted, Black's Law Dictionary, 7th Edn., p. 1268.The term 'rate' is also used to mean a charge by a water, gas, railway, or other public undertaking for services rendered e.g., (English) Railways Act, 1921, s. 20; Metropolitan Water Board Charges Act, 1921 (11 & 12 Geo. 5, c. xciv.).The poor rate was levied under the (English) Poor Relief Act, 1601 (43 Eliz. s. 2), on the occupiers in each parish of 'lands, houses, tithes, coal mines, or saleable underwoods,' and the (English) Rating Act, 1874, extended the liability to rates to: (1) land used for a plantation or a wood, or for the growth of saleable underwood, and not subject to any right of common; (2) rights of fowling, shooting, taking, or killing game, or ra...
Intoxicating liquor
Intoxicating liquor, the word 'intoxicating liquor' is not confined to potable liquor alone but would include all liquor which contain alcohol. Liquor should not only cover alcoholic liquor which is generally used for beverage purposes wand produce intoxication but would also include liquids containing alcohol, State of U.P. v. Synthetics and Chemicals Ltd., AIR 1980 SC 614: (1980) 2 SCR 531: (1980) 2 SCC 441. [Constitution of India, List II, 7th Sch., Entry 8]See also Synthetics and Chemicals Ltd. v. State of Uttar Pradesh, (1990) 1 SCC 109.Intoxicating liquors. The sale of intoxicating liquors by retail in England and Wales is now mainly regulated by the Licensing (Consolidation) Act, 1910 (10 Edw. 7 & 1 Geo. 5, c. 24), which repealed (see Sched. VII.) the whole or part of thirteen earlier Acts. The effect of this statute is shortly as follows:-1. Grant of Licence.--Defining 'intoxicating liquor' as meaning 'spirits, wine, beer, porter, cider, perry, and sweets, and any fermented, di...
Costs
Costs, expenses incurred in litigation or professional transactions, consisting of money paid for stamps, etc., to the officers of the Court, or to the counsel and solicitors, for their fees, etc.Costs in actions are either between solicitor and client, being what are payable in every case to the solicitor by his client, whether he ultimately succeed or not; or between party and party, being those only which are allowed in some particular cases to the party succeeding against his adversary, and these are either interlocutory, given on various motions and proceedings in the course of the suit or action, or final, allowed when the matter is determined.Neither party was entitled to costs at Common Law, but the Statute of Gloucester (6 Edw. 1, c. 4), gave cots to a successful plaintiff, and 2 & 3 Hen. 8, c. 6, and 4 Jac. 1, c. 3, to a victorious defendant; see Garnett v. Bradley, (1878) 3 App Cas 944.In proceedings between the Crown and a subject the general rule is that the Crown neither ...
Insurance
Insurance, see, Income-tax Act, 1961 (43 of 1961), s. 80C, Expl. 1.Insurance, the act of providing against a possible loss, by entering into a contract with one who is willing to give assurance, that is, to bind himself to make good such loss should it occur. In this contract, the chances of benefit are equal to the insured and the insurer. The first actually pays a certain sum, and the latter undertakes to pay a larger, if an accident should happen. The one renders his property secure; the other receives money with the probability that it is clear gain. The instrument by which the contract is made is called a policy; the stipulated consideration, a premium. As to what is known as a coupon policy, i.e., a coupon cut out of a diary, etc., see General Accident, etc., Assce. Corpn. v. Robertson, 1909 AC 404.Insurable Interest must be possessed by the person taking out a policy; he must be so circumstanced as to have benefit from the existence of the person or thing insured, and some preju...
Estimates
Estimates, in India, the estimates are presented to the Lok Sabha in the form of estimates, Parliamentary Practice, Erskine May, 22nd Edn., 2001, p. 743.Is the certain details of the anticipated expenses of each department and the specific purposes for which the money is required, the Office of the Speaker in the Parliaments of Commonwealth, Wilding & Philip Laundry, p. 252.In U.K., the Crown's request for supply are sub-mitted to the House of Commons in the form of estimates, Parliamentary Practice, Erskine, May, 22nd Edn., 1997, p. 745.Is the annual detailed statements of the public expenditure proposed to be undertaken by the Government, Parliamentary Dictionary, L.A. Abraham and S.C. Hawtrey, 1956 and H.M. Barclay, 3rd Edn., 1970, p. 94.Contain the details of the anticipated expenses of each department and the specific purposes for which the money is required, the Office of the Speaker in the Parliaments of Commonwealth, Wilding and Philip Laundy, p. 252.In India, the estimates are...
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