Future - Law Dictionary Search Results
Home Dictionary Name: futurefuture
future : a contract traded on an exchange in which a party agrees to buy or sell a quantity of a bulk commodity (as soybeans) at a specified future date and at a set price usually used in pl. NOTE: If the price of the commodity has gone up when the future date arrives, the buyer in the contract profits. If the price has gone down, the seller profits. ...
Future good conduct
Future good conduct, the words 'future good conduct' mean good conduct after retirement. If the employee does not continue to maintain good conduct after retirement, then the government can withhold or withdraw the pension or a part of it in case he is convicted of serious crime or in case he be guilty of grave misconduct, State of Haryana v. S.K. Singhal, AIR 1999 SC 1829 (1832). [Punjab Civil Service Rules (1959), R 5.32 (B) (2), R 2.2]...
future contract
future contract : futures contract at contract ...
future goods
future goods see good ...
future interest
future interest see interest ...
Future
That is to be or come hereafter that will exist at any time after the present as the next moment is future to the present...
Future estates
Future estates, expectancies, which are, at Common Law, of two kinds: reversions and remainders. If in land, these are now referred to as equitable interests by the L.P. Act, 1925, and are no longer capable of subsisting, being conveyed or created at law (ibid., s. 1), but the interests may be disposed of (s. 4). See SETTLEMENT; LEASE....
Future goods
Future goods, means goods to be manufactured or produced or acquired by the seller after the making of the contract of sale. [Sale of Goods Act, 1930 (3 of 1930), s. 2 (6)]...
Future uses
Future uses. See CONTINGENT USES...
Futurable
Capable of being future possible to occur...
- << Prev.
- Next >>