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marshaling

: an equitable doctrine requiring that if one creditor can obtain satisfaction of a claim from only one fund and a second creditor can obtain satisfaction from more than one fund the second creditor must claim against

legacy

indivisible property to more than one legatee de·mon·stra·tive legacy [di-mÄ n-strə-tiv-] : a legacy payable from a designated fund or asset or from the general assets of the estate to the extent the specified fund or asset

Hereditary revenues

were directed by s. 2 of the Civil List Act, 1837, to be made part of the Consolidated Fund, with the addition of the Osborne Estate under the Osborne Estate Act, 1902, were during that reign and

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Marshalling

proper order. The doctrine of marshalling assets and securities depends upon the principle that a person, having two funds out of which to satisfy his demands, shall not, by his election, prejudice a person who has only

Payment, out of

word 'fund' in its second meaning they connote that, for the purposes of the account in which the fund finds place, the payment is debits to that fund, an operation which, of course, has no relation to

Processing

of such products as canning, freezing drying, salting, smoking, peeling or filleting etc., Regional Executive, Kerala Fishermen's Welfare Fund Board v. Fancy Food, 1995 (4) JT (SC) 15: (1995) 4 SCC 341. (See Maine Products Export Development

finance

of investments, and the provision of banking facilities 3 : the science or study of the management of funds 4 : the obtaining of funds or capital : financing vt fi·nanced fi·nanc·ing 1 a : to raise

Public authority

any law made by the appropriate Government, and includes any other body owned, controlled or substantially financed by funds provided directly or indirectly by the appropriate Government. [Freedom of Information Act, 2002 (5 of 2003), s. 2(f)]

check

on its deposits in another bank ca·shier's check : a check drawn by a bank on its own funds and signed by the cashier or another bank official certified check : a check certified to be good

check-kiting

check-kiting : the practice of drawing on uncollected funds during the time needed to clear a check deposited in a bank esp. if the check is worthless

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