Face Amount - Law Dictionary Search Results
face amount
Matched in: Term face amount
Bond
owing, with interest, can be recovered, and in no case can this exceed the amount appearing on the face of the bond. See 8 & 9 Wm. 3, c. 11, s. 8; Re Dixon, (1900) 2 Ch
margin
or profits derived 2 : the amount by which the market value of collateral is greater than the face value of a loan 3 a : cash or collateral deposited in a regulated amount by a client
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par
par [Latin, one that is equal, from par equal] : the face amount of an instrument of value (as a check or note): as a : the monetary value assigned to
certify
guarantee (a personal check) as to signature and amount by so indicating (as by stamping certified) on the face see also certified check at check 3 a : certificate license b : to designate (a labor union)
Bonus shares
A bonus share is issued when the company capitalises its profits by transferring an amount equal to the face value of the share from its reserve to the nominal capital. In other words the undistributed profit of
Seigniorage
1980), s. 4] Means profit made by a Government by issuing currency; the difference or margin between the face value of coins and their production costs; the crown's right to charge a percentage on bullion brought to … production costs; the crown's right to charge a percentage on bullion brought to a mint for coining; the amount charged, something claimed by a monaonch or feudal lord as a prerogative, Divisional Forest Officer v. Tata Finlay
Joint-tenancy
in common. Where a mortgage is made to trustees who did not appear in that character on the face of the deed (lest the title be in cumbered with notice of their trust), it was usual to … repair and improvement of the estate, he will have a claim or lien on the estate for the amount of such money. (3) When partners in trade purchase property for the partnership concern, equity treats them as
Cumulative legacies
as cumulative, i.e., additional. In determining this question, the intention of the testator, if it appears on the face of the instrument, prevails; but if it does not so appear, the following rules of contruction have been … e.g., a sum of money-- (1) If they are bequeathed by the same instrument, and are of equal amount, the second legacy is nto cumulative, but the legatee is entitled to one legacy only. (2) If they
Holder in due course
is 'a holder who has taken a bill of exchange [cheque or note], complete and regular on the face of it,' under the following conditions, namely:- (a) That he became the holder of it before it was … or cheque if payable to bearer, or the payee or indorsee thereof, if [payable to order], before the amount mentioned in it became payable and without having sufficient cause to believe that any defect existed in the
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