Bad Debt Expense - Law Dictionary Search Results
bad debt expense
Matched in: Term bad debt expense
allowance for bad debts
Matched in: Term allowance for bad debts
bond
bonds, function as insurance agreements, in which the surety promises to pay for financial loss caused by the bad behavior of an obligated person or by some contingency over which the person may have no control. appeal … default b : one who acts as a surety 2 : an interest-bearing document giving evidence of a debt issued by a government body or corporation that is sometimes secured by a lien on property and is … municipal bond : a bond issued by a municipality to fund the expenses of running the government or of specific programs or projects registered bond
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Insurance
contributions or salvage, see (English) Marine Insurance Act, 1906, s. 78(2). (4) Expense of raising money to replace what has been sacrificed, and to remunerate … judicially construed, and has now acquired a conventional meaning--Chalmers and Owen on Marine Insurance. The policy is very badly drawn, and has more than once been described in words of well-merited judicial abuse: Buller, J. e.g., speaking … of his or her wife, husband, or children, the policy moneys are not subject to his or her debts, unless an intent to defraud creditors be proved. A husband has an insurable interest in the life in
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