Customs - Law Dictionary Search Results
Guise
Customary way of speaking or acting custom fashion manner behavior mien mode practice often used formerly in such phrases
wrongful dishonor
a payor bank to honor an item that is properly payable [a payor bank is liable to its customer for damages proximately caused by the wrongful dishonor of an item "Uniform Commercial Code"]
unwritten law
unwritten law : law based chiefly on custom rather than legislative enactments
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Heirloom
Any furniture movable or personal chattel which by law or special custom descends to the heir along with the inheritance any piece of personal property that has been in a
logrolling
logrolling [from the former American custom of neighbors assisting one another in rolling logs into a pile for burning] : the practice of including
bad debt recovery
bad debt recovery An account that you "wrote-off" as not collectable, but that was later paid by the customer. When this happens, you must adjust your accounts. Your company's adjusting entries would look something like this: A
care
is negligence "R. I. Mehr"] see also due care, negligence, standard of care NOTE: Statute, case law, and custom often impose a duty of care. The degree or standard of care owed varies depending on the circumstances.
derivative
currency exchange) or index of asset value (as a stock index) NOTE: Derivatives often take the form of customized contracts transacted outside of security exchanges, while other contracts, such as standard index options and futures, are openly
goodwill
dependability, the business's location, or any other circumstance incidental to the business that tends to draw and retain customers 2 a : the value of projected increases in the earnings of a business esp. as part of
habitual
habitual 1 : practicing or acting in some manner by force of custom, habit, or addiction [a drunkard] 2 : being such a specified number of times or with designated regularity
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