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Futurable - Law Dictionary Search Results

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Vested in interest

a legal term applied to a present fixed right of future enjoyment, as reversions, vested remainders, such executory devises, future uses,

Shall

will of the parties as actions, forbearance, etc., in the future in pursuance to the documents. This is a draftsman practice,

Potential

Naturally and probably expected to come 'into existence at some future time, though not now existing; for example, the future product

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Executed contract

spot. a contract is said to be executory where some future act is to be done, as where an agreement is

Contract

for it is made on the spot; executory, where some future act is to be done; as where an agreement is

reserve

case] n 1 : something stored or kept available for future use [an energy company with various unproven oil s] 2

Penal Servitude

where under any Act now in force or under any future Act a Court is empowered or required to award a

Current official scale of rates

the rate obtaining at a particular time or at a future time or from time to time. The terms goes well

Debt owing and debt due

a sum of money which has been promised at a future day as to a sum now due and payable. When

Expenditure

incurred although it may have to be discharged at a future date. However, a contingent liability which may have to be

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