Government Annuities - Law Dictionary Search Results
Government annuities
Matched in: Term Government annuities
Annuity
return of the loan. The borrower is the grantor, and the lender is the grantee, of such annuity. Government annuities may be purchased by persons wishing to exhaust all or part of their capital in exchange for an … to exhaust all or part of their capital in exchange for an annual provision for life. See (English) Government Annuities Act of 1929 (19 & 20 Geo. 5, c. 29), and, see other statutes under title 'Saving-Banks' in
Funds, public
ones. At length the practice of borrowing for a fixed period, or, as it is called, upon terminable annuities, was abandoned, and loans made upon interminable annuities, or until it might be convenient for the Government to … Funds, public, the name given to the public funded debt due by Government. The practice of borrow-ing money to defray a part of the war expenditure began, with us, in the
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Debt
on or after the first day of July, 1952 or a debt due to - (i) the Central Government or Government of any State; (ii) a local authority; (iii) a scheduled bank; (iv) a co-operative society; and … SCC 382. Debt includes any liability in respect of any obligation to repay capital sums by way of annuities and any liability under any guarantee, and 'debt charges' shall be construed accordingly. [Constitution of India, Art., 366(8)]
Rente
Rente [Fr.], an annuity. Rentes is the term applied to the French Government Funds, and Rentier to a fund holder or other person having an income from personal property. Annual income
Actuary
Christian. Especially a person skilled in calculating the value of life interests, annuities, and insurances. The (English) Local Government and other Officers' Superannuation Act, 1922 (12 & 13 Geo. 5, c. 59), defines actuary as meaning a
Consols
Consols, funds formed by the consolidation (of which word it is an abbreviation) of different Government annuities, payable by way of interest to persons who had lent money to the Government on the security of
Pensioner
is supported by an allowance at the will of another; a dependant; he who receives an annuity from Government without filling any office. 2. A band of gentlemen who attend as a guard on the royal person.
Stock
Geo. 5, c. 28, s. 49 (1)], considered merely as perpetual annuities redeemable at the pleasure of the Government; also, the capital of a public company, as to which see SHARES. The plain meaning of the word
Tontine
the circumstance that Lorenzo Tonti, an Italian, invented this kind of security in the seventeenth century, when the Governments of Europe had some difficulty in raising money in consequence of the wars of Louis XIV, who first
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