Dollar Bill - Law Dictionary Search Results
Home Dictionary Name: dollar billdollar bill
A paper note printed by the Treasury or by one of the Federal Reserve Banks under authority of the treasury having the value of one dollar Also five dollar bill ten dollar bill etc notes with the value of five ten etc dollars Prior to 1964 such notes could be redeemed for the equivalent dollar value in silver coins but in that year the backing of the currency with silver was discontinued Such notes not convertible into precious metals at a fixed rate are called fiat money receiving their value solely from the good faith of the issuing government and the confidence of those using the currency...
phoney
imitating something superior intended to deceive fraudulent having a misleading appearance not genuine counterfeit fake as a phoney diamond a phoney hundred dollar bill...
phony
imitating something superior intended to deceive fraudulent having a misleading appearance not genuine counterfeit fake as a phony diamond a phony hundred dollar bill...
bill
bill 1 : a draft of a law presented to a legislature for enactment ;also : the law itself [the GI ] ap·pro·pri·a·tions bill [ə-prō-prē-ā-shənz-] : a bill providing money for government expenses and programs NOTE: Appropriations bills originate in the House of Representatives. bill of attainder 1 : a legislative act formerly permitted that attainted a person and imposed a sentence of death without benefit of a judicial trial see also attainder compare bill of pains and penalties in this entry 2 : a legislative act that imposes any punishment on a named or implied individual or group without a trial NOTE: Bills of attainder are prohibited by Article I of the U.S. Constitution. bill of pains and penalties : a legislative act formerly permitted that imposed a punishment less severe than death without benefit of a judicial trial compare bill of attainder in this entry NOTE: The term bill of attainder is often used to include bills of p...
Bill of Exchange
Bill of Exchange. Defined in the (English) Bills of Exchange Act, 1882 (45 & 46 Vict. c. 61), s. 3, as an 'unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand or at a fixed or determinable future time a sum certain in money to or to the order of a specified person, or to bearer.'It is a chose in action, but, for the encouragement of commerce, it is assignable, at Common Law, by mere endorsement, so that very many names are frequently attached to one bill as endorsers, and each of them is liable to be sued upon the bill, if it be not paid in due time. the person who makes or draws the bill is called the drawer, he to whom it is addressed is, before acceptance, the drawee, and after accepting it, the acceptor; the person in whose favour it is drawn is the payee; if he endorse the bill to another, he is called the endorser, and the person to whom it is thus assigned or negotiated ...
Bill of sale
Bill of sale, an assignment by deed of chattels personal, whether absolute or by way of security. See Twyne's case, (1602) 3 Rep. 80 [44 Eliz.], and 1 Sm. L. C. 1 et seq., where the principal cases are collected.The registration of bills of sale was first required in 1854 by 17 & 18 Vict. c. 31, which enacted that every bill of sale should be void as against assignees in bankruptcy and execution creditors, unless the bill or a copy thereof should have been filed in the Court of Queen's Bench within 21 days after its execution, together with an affidavit of the time of the bill of sale being given, and a description of the residence and occupation of the deponent and of every attesting witness of the bill of sale. In 1866, by 29 & 30 Vict. c. 96, registration had to be renewed every five years. The two Acts were consolidated with some important amendments by the (English) Bills of Sale Act, 1878 (41 & 42 Vict. c. 31). The principal amendments were these:-The period within which to regis...
bill of lading
bill of lading clean bill of lading : a bill of lading that does not have any notations written or otherwise marked on it that qualify or amend the bill negotiable bill of lading : order bill of lading in this entry nonnegotiable bill of lading : straight bill of lading in this entry order bill of lading : a bill of lading under which the goods are to be delivered to the person named in the bill or to the named person's order or to the bearer of the bill called also negotiable bill of lading compare straight bill of lading in this entry straight bill of lading : a bill of lading that names the only person to whom the goods may be delivered called also nonnegotiable bill of lading compare order bill of lading in this entry ...
Bill
Bill. See BILL IN CHANCERY; BILL OF EXCHANGE; BILL IN PARLIAMENT, etc.The word 'Bill' in the proviso must be interpreted to include an amendment of any of the clause of the Bill, at least any substantial amendment thereof, Babulal Parate v. State of Bombay, AIR 1960 SC 51 (55): (1960) 1 SCR 605. (Constitution of India, Art. 3, Proviso)Bill, in the Indian Parliament, a bill can originate in either House of Parliament. However a Money Bill and a Bill containing inter alia provisions attracting clause (1) of Article 110 of the Constitution cannot be introduced in Rajya Sabha, Constitution of India, Article 107.Bill, in England, a bill may be introduced either in the House of Commons or in the House of Lords but a great majority are introduced in the lower House; Generally, no Bill involving finance may be introduced in the House of Lords and in practice only routine and non-controversial Legislation is initiated in the Upper House. The office of the Speaker in the Parliament of Commonweal...
Reading of a Bill
Reading of a Bill, in House of Commons, the three stages through which a Bill passes, are: First Reading, Second Reading and Third Reading. During the first reading only short title is read by the clerk. During second reading there is a wide debate in general application and desirability of measure. Second reading normally takes place on the floor of the House but certain public Bills are referred to Second Reading Committee for consideration in principle. After it the Bill is referred to Standing Committee for detailed examination. Third reading takes place when a Bill is reported from the Committee of the whole House without amendment or when the consideration of a Bill, as amended, is concluded. After the third reading the Bill is reviewed in its final form with amendments earlier made. No debate may takes place. Parliamentary Practice, Erskine May, 22nd Edn., 1997, p. 494.In India three readings are done for a Bill for facilitating adequate scrutiny and debate. First reading is the...
Bill of Lading
Bill of Lading, a memorandum signed by masters of ships, in their capacity of carriers, acknowledging the receipt of merchants' goods, of which there are usually three parts-one kept by the consignor, one sent to the consignee, and one preserved by the master. It is the evidence of the title to the goods shipped; and by its endorsement and delivery, the transfer of the property in the goods specified therein is generally effected. By the Bills of Lading Act, 1855, the rights of suit under a bill of lading vest in the consignee or endorsee (as if the contract contained in the bill of lading had been made with himself) without prejudice to any right of stoppage in transitu or to freight. See (English) Carriage of Goods by Sea Act, 1924 (14 & 15 Geo. 5, c. 22), and Carver on Carriage by Sea.A bill of lading is 'a writing, signed on behalf of the owner of the ship in which goods are embarked, acknowledging the receipt of the goods, and undertaking to deliver them at the end of the voyage s...
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