Annual Financial Statement - Law Dictionary Search Results
Home Dictionary Name: annual financial statementAnnual Financial Statement
Annual Financial Statement, means a statement made by the Minister-incharge of Finance in the legislature containing the probable income and expenditure of the Government for any year; familiarly known as Budget. Parliamentary Practice, Erskin May, 22nd Edn., p. 788.In U.K., this statement is made by the Chancellor of the Exchequer in the House of Commons when he has completed his estimate of the probable income and expenditure for the financial year, Parliamentary Practice, Erskine May, 22nd Edn., p. 788.It contains his view of the resources of the country; it declares whether the burdens upon the people are to be increased or diminished, Parliamentary Practice, Erskine May, 22nd Edn., p. 788.The Annual Financial Statement or the Statement or the Statement of the Estimated Receipts and Expenditure of the Government of India in respect of each financial year, known as the 'Budget', is presented to Lok Sabha on such day as the President may direct, Rules of Procedure and Conduct of (Raj...
financial statement
financial statement : a statement of one's status with regard to money or wealth compare financing statement ...
annual mortgagor statement
annual mortgagor statement yearly statement to borrowers detailing the remaining principal and amounts paid for taxes and interest. Source: U.S. Department of Housing and Urban Development ...
Budget
Budget, In U.K. budget is presented soon after the beginning of the financial year by the chancellor of exchequer. His annual financial statement known as Budget deals with resources of the country, estimates of probable income and expenditure and fresh tax proposals, Parliamentary Practice, Erskine May, 22nd Edn., 2001.Budget, is the annual estimate of revenue and expenditure of a country, Oxford Advanced Learner's Dictionary of Current English, A.S. Hornby, 2002, p. 155.Budget, is a periodic assessment of and programmes for national revenue and expenditure, proposed by Government and presented to Parliament, Chambers 21st Century Dictionary, p. 183.Budget, refer to the statement of the estimated receipts and expenditure of the Government of India known as annual financial statement, it is caused to be laid before both Houses of Parliament by the President in respect of every financial year on such day as he may direct, Constitution of India - Article 112, Rules of Procedure and Condu...
financing statement
financing statement : a statement that contains information about a security interest in collateral used to secure a debt and that is filed to provide notice to other creditors of the security interest see also perfect Uniform Commercial Code in the Important Laws section compare financial statement NOTE: Under Article 9 of the Uniform Commercial Code, a financing statement must 1) give the names of the debtor and the secured party, 2) be signed by the debtor, 3) give the address of the secured party, 4) give the address of the debtor, and 5) indicate the items of collateral. ...
annual report
annual report : a written report distributed to shareholders each year by a corporation that sets forth financial information (as an auditor's report, the selling prices of the corporation's stock, and the yearly profit) as well as statements by the corporation's management ...
statement of financial affairs
statement of financial affairs A series of questions the debtor must answer in writing, concerning sources of income, transfers of property, lawsuits by creditors, etc. (There is an official form a debtor must use.) Source: Administrative Office of the U.S. Courts ...
Increase, affidavit of
Increase, affidavit of. Affidavit of payment of in-creased costs, produced on taxation. 'Of the costs of the pleadings, and the office fees of the proceed-ings, in the cause down to trial, the record will, in general, sufficiently inform the taxing-master; but the amount of the costs of the trial, including the evidence and the suspending of and any payment to witnesses, counsel, and Court fees, must be supported by affidavit, commonly called the 'Affidavit of Increase' Gray on Costs. See also Annual Practice, 1937, R.S.C. Ord. LXV., r. 16, and note. For forms of affidavit, see Chitty's Forms and Scott on Costs....
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...
affidavit of support
affidavit of support A document promising that the person who completes it will support an applicant financially in the United States. Family and certain employment immigration cases require the I-864 Affidavit of Support, which is legally binding.All other cases use the I-134 Affidavit of Support. Go to I-864 General Information & Frequently Asked Questions to learn more. Source: Department of State. March 2007. ...
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