Comparative Market Analysis Comes - Law Dictionary Search Results
Home Dictionary Name: comparative market analysis comescomparative market analysis (comps)
comparative market analysis (comps) a property evaluation that determines property value by comparing similar properties sold within the last year. Source: U.S. Department of Housing and Urban Development ...
Market
Market [anciently written mercat, fr. mercatus, Lat.], a public time and place of buying and selling; also purchase and sale. It differs from the forum, or market of antiquity, which was a public market-place on one side only, the other sides being occupied by temples, theatres, etc.A market can only be set up by virtue of a royal grant, or by long and immemorial usage, which presupposes a grant.See FAIRS; and (English) Public Health Act, 1875, s. 167, the Public Health Act, 1908 (8 Edw. 7, c. 6), and the Markets and Fairs Clauses Act, 1847 (10 & 11 Vict. c. 14); (English) Markets and Fairs (Weighing of Cattle) Acts, 1886 to 1926.As to disturbance of market, see Goldsmid v. Great Eastern Railway Co., (1884) 9 App Cas 927; A.G. v. Horner (No. 2), (1913) 2 Ch 140. In City of London Fruit Corporation v. Lyons, Sons & Co. Ltd., 1936 Ch 78, it was held that any member of the public has a right of access to a franchise market on payment of tolls and observance of bye-laws for the purpose of ...
Open market
Open market, if the transactions of sale and pur-chase are effected under conditions enabling every person desirous of purchasing the goods in question to place orders with such manufacturing unit and obtain supplies, they will constitute purchases 'from the open market'. The Supreme Court in in this context referred with advantage to the following observations of Swinfen Eady, J. in Inland Revenue Commissioners v. Clay, (1914) 3 KB 466: (1914-1915) All ER Rep 882 (888), where the Court of Appeal had to consider the scope of the expression 'open market' occurring in s. 25(1) of the Finance Act, 1910 (10 Edw 7, c 8): The market is to be the open market, as distinguished from an offer to a limited class only, such as the members of the family. The market is not necessarily an auction-sale. The s. means such amount as the land might be expected to realize if offered under conditions enabling every person desirous of purchasing to come in and make an offer, and if proper steps were taken t...
market
market 1 : the rate or price at which a security or commodity is currently selling : market price 2 a : a geographical area of demand for commodities or services [seeking new foreign s] b : a formal organized system enabling the transaction of business between buyers and sellers of commodities [a futures ] see also stock market c : a specified category of potential buyers [the youth ] 3 a : the course of commercial activity by which the exchange of commodities is accomplished [the is quiet] b : an opportunity for selling [developing new s] c : the available supply of or potential demand for specified goods or services [the labor ] [the for durable goods] d : the area of economic activity in which buyers and sellers come together and the forces of supply and demand affect prices [studying forces and behavior] ...
secondary market
secondary market 1 : the market in which previously issued securities are sold compare primary market 2 : the market in which existing mortgages are bought and sold ...
efficient market
efficient market : a securities and commodities market whose prices always reflect the most accurate and up-to-date information compare fraud on the market theory ...
fraud on the market theory
fraud on the market theory : a theory of liability in securities fraud cases: a defendant's material misrepresentation regarding a security traded in the open market that affects the price of the security is presumed to have been relied on by a plaintiff who purchased the security and suffered a loss compare efficient market ...
primary market
primary market : the market in which newly issued securities are sold compare secondary market ...
Analysis
Analysis, the resolution of a thing into its elements or component parts. By the Food and Drugs (Adulteration) Act, 1928 (18 & 19 Geo. 5, c. 31) (see ADULTERATION), provision is made for the appointment in every district by the local authorities of one or more persons possessing competent medical, chemical, and miscroscopical knowledge as analysts of all Articles of food and drink. An article purchased for analysis under this Act must be divided into three parts (s. 18), each sufficiently large to afford reasonable facilities for analysis: see Lowery v. Hallard, 1906 (1) KB 398. The Fertilisers and Feeding Stuffs Act, 1926 (16 & 17 Geo. 5, c. 45), contains analogous provisions for securing to agriculturists the purity of artificial manures and feeding stuffs for cattle, etc....
Market overt
Market overt, an open or public market. Contracts of sale which transfer the property as against a real owner though not the seller are binding, if made according to the following rules.--(1)The sale must be in a place that is open, so that anyone who passes may see it, and that is proper for the sale of such goods; (2) it must be an actual sale for a valuable consideration; (3) the buyer must not know that the seller has a wrongful possession of the goods sold; (4) the sale must no tbe fradulent between two to bar a third person of his right; (5) there must be a sale and a contract by persons able to contract; (6) the contract must be originally and wholly in the market overt; (7) toll ought to be paid where required by statute; (8) the sale ought not to be in the night, though, if the sale be made in the night, it may bind the parties, The Case of Market Overt, 5 Rep 83; and see Hargreave v. Spink, (1892) 1 QB 25; and Ardath Tobacco Co. Ltd. v. Ocker, 1930 TLR 177, distinguishing a s...
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