Future Goods - Law Dictionary Search Results
Bespeak
or arrange for beforehand to order or engage against a future time as to bespeak goods a right or a favor
Credit
Credit, a transfer of goods in confidence of future payment; that side of an account or any item set
rule against perpetuities
: a common-law rule stating that in order for a future interest to be good it must vest after its creation … stating that in order for a future interest to be good it must vest after its creation (as at the death
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commodity
of merchandise (as soybeans) whose price is the basis of futures trading … commodity pl: -ties : a class of economic goods ;esp : an item of merchandise (as soybeans) whose price
discount
[banks negotiable instruments] 3 : to take into account (a future event or prospect) in making present calculations vi : to … give or make discounts [dis-kant] adj 1 a : selling goods or services at a discount [a broker] b : offered
contract
security, or currency) at a predetermined price on a set future date called also forward futures contract : a contract purchased … contracts based on consideration. des·ti·na·tion contract : a contract for goods stipulating that the seller assumes the risk of loss from
Voluntary conveyance
(2) Any agreement in consideration of marriage to make a future payment to or to settle future property on persons within … unless the conveyance was made for valuable consideration and in good faith or upon good consideration and in good faith to
Property
money, whether secured or unsecured, (iv) receivable, whether existing or future; (v) intangible assets, being know-how, patent, copyright, trade mark, licence, … subject-matter of ownership. But elsewhere, as in the sale of goods it may be used as a synonym for ownership and
Uses
of law, which were either- (1) Resulting; (2) Implied. II. Future or executory, distributable into: (a) Shifting or secondary; (b) Springing; … grant to B. and his heirs would have been perfectly good to transmute the possession and transfer the legal estate, but
interest
[a beneficial interest in the trust] contingent interest : a future interest whose vesting is dependent upon the occurrence or nonoccurrence … of the bargain by being put in a position as good as that which would have resulted had the contract been
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