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Consideration - Law Dictionary Search Results

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Capacity payment

Capacity payment, is any sum included in the consideration under a contract for the sale of oil consisting of gas won from an oil field which (1)

Capitation

Capitation, a tax on each person in consideration of his labour, office, rank, etc.

Carry on trade

trade, whether trade is carried on by a person at a given place must be determined on a consideration of all the circumstances. No test or set of tests which is or are decisive for all cases

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Carry over

buyer would not pay interest to the seller, but on the contrary exacts a payment from him, as consideration for postponing the completion of the contract. This payment is called a 'backwardation,' or shortly a 'back.' An

Cash discount

the purchaser makes payment promptly or within the period of credit allowed. It is a discount granted in consideration of expeditious payment, Dy. C.S.T. (Law) Board of Revenue v. Advani Coorlikon (P.) Ltd., (1980) 1 SCC 360:

Inconsiderable

Not considerable unworthy of consideration or notice unimportant small trivial as an inconsiderable distance an inconsiderable quantity degree value or sum

remit

c : to cancel or refrain from inflicting [ the fine] 2 : to submit or refer for consideration, judgment, decision, or action ;specif : remand 3 : to restore or consign to a former status or

Gratuitous

Given without an equivalent or recompense conferred without valuable consideration granted without pay or without claim or merit not required by justice

innocent purchaser

innocent purchaser : one who purchases property for consideration in good faith and without knowledge of facts that would lead to the suspicion that the seller does

exclude

to prevent or restrict the entry or admission of [ hearsay evidence] 2 : to remove from participation, consideration, or inclusion (as in insurance coverage) [the excluded perils include acts of war]

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