Capital Account Transaction - Law Dictionary Search Results
Capital account transaction
Matched in: Term Capital account transaction
Current account transaction
Matched in: Term Current account transaction
Insurance
a number of persons. Companies formed for carrying on this business have generally a large subscribed but uncalled capital, so as to enable them to raise large sums to make good extraordinary losses. Marine Insurance.--The practice of … styled Lloyd's agents) are appointed in all the principal ports of the world, who forward regularly to Lloyd's accounts of the departures of ships from, and arrivals at, such ports, as well as of losses and other … till 5 p.m.; but the most considerable part of the business is transacted between one and four. Merchants and ship-owners who manage their own insurance
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Turnover
2(i) and 9] Turnover, includes tax thus tax becomes, for the time being, a part of the circulating capital of the trader and is turned over in his business, George Oakes Ltd. v. State of Madras, AIR … bought or sold or supplied or distributed by a dealer either directly or through another on his own account or on account of others whether for cash or for deferred payment or for other valuable consideration, Joint … sense connotes amount of business usually expressed in terms of gross revenue transacted during a specified period (vide Collins Dictionary). Broadly speaking, it represents the
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