Fund - Law Dictionary Search Results
commingling
commingling Act of fiduciary in mingling funds of his beneficiary, client, employer, or ward with his own funds. Such act is generally considered to be
lapping
lapping [gerund of lap to overlap] : the practice of misappropriating entrusted funds and then covering up the act by using other entrusted funds or funds subsequently received in a continuous
Interest
is a relationship of debtor and creditor. A lender of money who allows the borrower to use certain funds deprives himself of the use of those funds. He does so because he charges interest which may be
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Paymaster-General (see now Accountant-General
of Paymaster-General transferred to Accountant-General: see (English) Judicature Act, 1925, ss. 133 et seq.). Under the (English) Chancery Funds Act, 1872 (35 & 36 Vict. c. 44), the office of Accountant-General of the Court of Chancery was
Zero coupon bond
Zero coupon bond. means a bond: (a) issued by any infrastructure capital company or infrastructure capital fund or public sector company on or after the 1st day of June, 2005; (b) in respect of which
shareholder
shareholder : one that owns a share in a fund (as a mutual fund) or property ;esp : stockholder see also derivative action, equity, proxy contest share·hold·ing adj
Employee
the cadre of staff of the Corporation, other than person on deputation. [Employees' State Insurance Corporation (General Provident Fund) Rules, 1995, s. 2(1)(e)] Means any person appointed by the University and includes teachers and other staff of
Serve and service
envisaged in the Act and the scheme thereunder. When he is actually acting in the capacity of Provident Fund Commissioner, he does not cease to be an officer in the service of the Government, Coal Mines Provident
Salary or wages
(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 the time being in
Profits in lieu of salary
the legislature excluded from the scope of that expression any payments received by the assessee from a provident fund, his own contributions to the fund or any interest on such contributions, CIT v. G. Hyatt, AIR 1971
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