Defer - Law Dictionary | SooperKanoon

deferred compensation

deferred compensation : current compensation (as wages or salary) deferred until a later time usually for the purpose of investment (as in a retirement plan) ...

Deferred stock. Stock in a company is frequently divided into 'preferred,' the holders of which are entitled to a fixed dividend payable out of the net earnings of the whole stock, and 'deferred,' the holders of which are entitled to all the residue of the net earnings, after such fixed dividend has been paid to the holders of the 'preferred,' according to the classification in the memorandum or Articles. See also Companies Act, 1929, s. 50, in regard to companies limited by shares or limited by guarantee. See as to railway companies the Regula-tion of Railways Act, 1868 (31 & 32 Vict. c. 119), s. 13, which limits the power to create such stock to cases where a 3 per cent. dividend has been paid for one year, and puts a fixed maximum dividend on the 'preferred' at the rate of 6 per cent....

deferred

deferred : withheld or delayed for or until a stated time [a payment] [ prosecution] ...

deferred annuity

deferred annuity see annuity ...

deferred income

deferred income : current income forgone to produce a later higher income (as at retirement) ...

deferred inspection

deferred inspection See Parolee. Source: U.S. Citizenship and Immigration Services ...

tax-deferred

tax-deferred : not taxable until a future date or event (as withdrawal or retirement) ...

Deferred life annuities

Deferred life annuities, annuities for the life of the purchaser, but not commencing until a date subsequent to the date of buying them, so that if the purchaser die before that date the purchase money is lost....

Salary or wages

Salary or wages, means all remuneration (other than remuneration in respect of over-time work) capable of being expressed in terms of money, which would, if the terms of employment, express or implied, were fulfilled, be payable to an employee in respect of his employment or of work done in such employment and includes dearness allowance (that is to say, all cash payments, by whatever name called, paid to an employee on account of a rise in the cost of living), but does not include--(i) any other allowance which the employee is for the time being entitled to;(ii) the value of any house accommodation or of supply of light, water, medical attendance or other amenity or of any service or of any concessional supply of foodgrains or other articles.(iii) any travelling concession;(iv) any bonus (including incentive, production and attendance bonus);(v) any contribution paid or payable by the employer to any pension fund or provident fund or for the benefit of the employee under any law for t...

Consumer

Consumer, 'consumer' would include 'any person who consumes electrical energy supplied by a person who generates electrical energy for his own consumption', Jiyajee Rao Cotton Mills Ltd. v. State of Madhya Pradesh, AIR 1963 SC 414: (1962) Supp 1 SCR 282.The definition of the word 'consumer' shows that it would include a person who consumes energy generated by himself. The proposition that in the matter of the levy of electricity tax the Court should differentiate between cases wherein the energy consumed has been generated by someone other than the consumer and those wherein such energy has been generated by the consumer himself cannot, therefore, be countenanced, State of Mysore v. West Coast Papers Mills Ltd., (1975) 3 SCC 448: AIR 1975 SC 5: (1975) 2 SCR 127.The word 'consumer' is a comprehensive expression. It extends from a person who buys any commodity to consume either as eatable or otherwise from a shop, business house, corporation, store, fair price shop to use of private or p...

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