Deductive - Law Dictionary Search Results
Batta, or Butta
or Butta discount. 'In revenue matters,' says Mr. Wilson in the Indian Glossary, 'the amount added to, or deducted from, any judgment according to the currency in which it is paid as compared with a fixed standard
Bairns, part
Bairns, part, a third part of a deceased's free movables, debt deducted, if his wife survives, and a half if she does not, due to his children, Scots Law. See
Bad debt
Bad debt, means the debt which cannot be collected. An income tax deduction is allowed for bad debts, Webster's Dictionary of Law, Indian Edn., (2005), p. 41.
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Administration expense
Administration expense, means necessary expenditure made by an administrator in managing and distributing an estate. These expenses are deductible even if not actually incurred by the time return is filed, Black Law Dictionary, 7th Edn., p. 45.
Adjustment of a loss
make event], the settling and ascertaining the amount of the indemnity which the assured, after all allowances and deductions made, is entitled to receive under the policy, and fixing the proportion which each underwriter is liable to
Abatement
commerce, an allowance or discount made for prompt payment, Lex. Merc. It is sometimes used to express the deduction that is occasionally made at the Custom House from the duties chargeable upon such goods as are damaged,
Seigniorage
Something claimed or taken by virtue of sovereign prerogative specifically a charge or toll deducted from bullion brought to a mint to be coined the difference between the cost of a mass of
Residuum
That which is left after any process of separation or purification that which remains after certain specified deductions are made residue
Recoup
by cutting off so as to diminish a sum due to take off a part from damages to deduct as where a landlord recouped the rent of premises from damages awarded to the plaintiff for eviction
Body corporate established by any law
the intention seems to be that only subsidies paid by body corporate established by any law, should be deductible items and not subsidies paid by bodies corporate established under any law. Sch. II, item 6(g), Payment of
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