Costing - Law Dictionary Search Results
Basic wages
all cash payments by whatever name called paid to an employee on account of a rise in the cost of living), house-rent allowance, overtime allowance, bonus commission or any other similar allowance payable to the employee in
C.I.F
C.I.F.--'Cost, insurance, and freight.' Sometimes written C.F.I. These letters in a mercantile contract denote that the price named includes the price of the goods (cost), their insurance during transit to the purchaser, and the carriage (freight)....
Client
retain or employ, a solicitor, and any person who is or may be liable to pay a solicitor's costs (English) (Solicitors Act, 1932 (22 & 23 Geo. 5, c. 37), s. 81). The relation between solicitor and
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Conditions of sale
(English) L. Act, 1925, or any other statute: (b) that the purchaser shall pay or contribute towards the cost of certain formalities required to give effect to the vendor's title; (c) in regard to contracts for sale
Consideration
liquidation. Or a consignee may be a bank, the directors of which might well refuse to embark on costly litigation on behalf of a customer even though that customer offered so indemnify the bank for costs, Western
Constructive total loss
41), ss. 55-263. One test is that a wrecked ship has become a constructive total loss if the cost of repairing her would exceed her value when repaired. The other is that she will become so when
Endowed schools
v. Zetland (Marquess), (1908) 1 KB 63. As to inspection on terms and contributions by local authorities towards cost or free of costs if the Board of Education so decides, see the (English) Education Act, 1921 (11
Book value
as shown on book keeping records as distinguished from market value, the value of an asset equal to cost less deprecation, the value of a corporation's capital stock expressed as its original cost less deprecation and liabilities,
Cast
Cast, defeated at law, condemned in costs or damages.
Bare trustee
charge, lien or other right of the trustee to resort to it for the payment of duty, taxes, costs or other outgoings, Halsbury's Laws of England, Vol. 3(1), 4th Edn., Para 116, p. 99.
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