Hand Borrow - Law Dictionary Search Results

piti reserves a cash amount that a borrower must have on hand after making a down payment and paying all closing costs for the purchase of a home. The principal, … piti reserves a cash amount that a borrower must have on hand after making a down payment and paying all closing costs for the purchase of

Borrower

liable for such debt and it is for his personal benefit the joint family property even in the hands of the sons would be liable if the debt is not tainted with illegality or immorality, Venkatesh Dhonddev … Borrower, means any person who has been granted loan or any other credit facility by a credit institution and

Keep your definitions linked to case research

Try free for 7 days See all features

Mortgage

Mortgage [fr. mort, Fr., dead, and gage, pledge], a deed pledge; a thing put into the hands of a creditor. A mortgage is the creation of an interest in property, defeasible (i.e., annullable) upon performing … order to secure either the repayment of the one or the liquidation of the other. the debtor, or borrower, is then the mortgagor, who has charged or transferred his property in favour of or to the creditor

Deposit

as when a person, having a sum of money which he does not think safe in his own hands, confides it to another, who is to return to him, not the same money, but a like sum … of Goods Act, 1893, s. 5. A deposit of title-deeds as a security for the repayment of a borrowed sum of money constitutes an equitable mortgage which does not require registration to establish its validity or priority

Interest

interest on moneys disbursed by a solicitor for his client, and on moneys of the client in the hands of the solicitor and improperly retained by him. And see r. 7 of the G.O. under the Solicitors … entitled to its use; especially, the amount owed to a lender in return for the use of the borrowed money [Black's Law Dictionary (7th Edn.) pp. 393-94 para 37]. Interest, is the accretion on capital, Amin Chand

Annuity

for any purpose other than descent, considered to be heritable and descended to the heir. On the other hand, a limitation of a personal annuity to A. and the heirs of his body was ineffectual to create … 59; In re Trenchard, 1905 (1) Ch 82. An annuity is frequently resorted to as a means of borrowing money, where the borrower has not any available security, the borrower undertaking to pay an annuity during his

Banker

of honouring the customer's cheques up to the amount of the money received and still in the banker's hands. A customer's money may become irrecoverable if six years have elapsed without payment by the banker of principal … be drawn out again as the owner has occasion for it, the customer being lender, and the banker borrower, with the superadded obligation of honouring the customer's cheques up to the amount of the money received and

point

and that is made at closing in point or on point : relevant to the legal issues at hand … a unit used in the pricing of securities and valuation of markets c : a charge to a borrower (as a mortgagor) that is equal to one percent of the principal and that is made at closing

Damdupat

that principle to the case of a trustee who has to pay interest on the funds in his hand with respect to which on certain grounds he is held liable to pay interest, Hukumchand Gulabchand Jain v. … principal and as a warning to the creditor to take effective steps for realising the debt from the borrower within reasonable time so that there be not such accumulation of interest as would be in excess of

‹ Prev
1
2
Next ›
Last »

Try the research workspace - 7 days free

Try free for 7 days