Endowment - Law Dictionary Search Results
Home Dictionary Name: endowment Page: 3Religious denomination
Religious denomination, different sects and sub-sects of the Hindu Religion having a common faith and a common spiritual organisation come under the definition of denomination, Shirur Math v. Commission of Endowment, (1952) 1 MLJ 557.Religious denomination, enjoys certain rights per-taining to the establishment, management etc., of its own religion and charitable institutions, A Commentary on the Constitution of India, Durga Das Basu, 4th Edn., Vol. 2, p. 159.Religious denomination, in India, subject to public order, morality and health, every religious denomination or any section thereof enjoys the fundamental right to establish and maintain institutions for religious and charitable purposes, to manage its own affairs in matters of religion, to own and acquire movable and immovable property and to administer such property in accordance with law, Constitution of India, Art. 26.Religious denomination, is a religious sect or body having a common faith and organization and designated by a...
gross income
gross income : all income derived from any source except for items specifically excluded by law NOTE: Section 61 of the Internal Revenue Code lists fifteen nonexclusive items that should be included in gross income. They are (1) compensation for services, including fringe benefits and commissions; (2) gross income derived from business; (3) gains derived from dealings in property; (4) interest; (5) rents; (6) royalties; (7) dividends; (8) alimony and separate maintenance payments; (9) annuities; (10) income from life insurance and contracts for endowment insurance; (11) pensions; (12) income from discharge of a debt; (13) distributive share of partnership gross income; (14) income received (as by an estate or heir) by reason of a person's death; and (15) income from an interest in an estate or trust. ...
Induement
The act of induing or state of being indued investment endowment...
life insurance
life insurance : insurance providing for the payment of money to a designated beneficiary upon the death of the insured see also endowment insurance ordinary life insurance : whole life insurance in this entry straight life insurance : whole life insurance in this entry term life insurance : life insurance that provides coverage for a set term and does not accumulate cash surrender value universal life insurance : life insurance characterized by flexible premiums, benefits, and payment schedules, by the indexing of cash value to money market interest rates, and by the periodic reporting of current value and company costs charged to the account universal variable life insurance : variable universal life insurance in this entry variable life insurance : life insurance in which all or part of the cash value of the policy is located in a tax-deferred investment portfolio with risk assumed by the insured for investment losses compare variable annuity at annuity variable univer...
patrimony
patrimony pl: -nies [Middle French patrimonie, from Latin patrimonium, from patr- pater father] 1 : an estate inherited from one's father or ancestor [to deprive her and her coheirs of their "Wells Fargo Bank v. Kincaid, 260 Cal. App. 2d 120 (1968)"] 2 : an estate or endowment belonging to a church [the property of a dissolved parish shall pass to the of the diocese] 3 in the civil law of Louisiana : the net assets of a person : the sum of a person's assets and liabilities [reimbursement shall be made from the of the spouse who owes reimbursement "Louisiana Civil Code"] ...
Chantry
An endowment or foundation for the chanting of masses and offering of prayers commonly for the founder...
Disendow
To deprive of an endowment as a church...
Dower
That with which one is gifted or endowed endowment gift...
Dowry
A gift endowment...
Endowment
The act of bestowing a dower fund or permanent provision for support...
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