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Fyht-wite

Fyht-wite, one of the fines incurred for homicide.

Fraudulent preferences

Fraudulent preferences. Every conveyances or tran-sfer of property or charge thereon made, every payment made, every obligation incurred, and every judicial proceeding taken or suffered by any person unable to pay his debts as they became

Forfeiture

before the (English) Law of Property Act, 1922, which enfranchised copyhold and customary lands (s. 128), but forfeiture incurred for reasons other than alienation in fee and alienation without licence was included among the manorial incidents which

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Financial obligations

so construed it implies an obligation in the nature of an obligation in respect of loans and guarantees incurred or undertaken by the State, State of West Bengal v. Serajuddin Batley, AIR 1954 SC 193 (194). [Indian

Necessity, agent of

of necessity, to pledge his credit for necessaries suitable to her station in life and for costs reasonably incurred in taking proceedings against him. A wife defending a divorce suit is not an agent of necessity as

Mortgage

with interest thereon, at a certain time. This conditional assurance is resorted to when a debt has been incurred, or a loan of money or credit effected, in order to secure either the repayment of the one

Smallness of profit

profits of the year. In arriving at the assessable profits the Income-tax Officer may disallow many expenses actually incurred by the assessee; and in computing his income, he may include many items on notional basis. But the

Net income

payments such as Income-tax etc. It does not mean net income after giving deduction for all the expenses incurred by the husband. Expenses which are to be deducted must have some relation or connection with the source

Salvage

'Shipping.' By s. 510 (2) of the Act of 1894, 'salvage' in that Act 'includes all expenses properly incurred by the salvor in the performance of the salvage services.' See also the Merchant Shipping (Safety and Load

Vindicatory parts of Laws

parts of Laws, the sanction of the laws, whereby it is signified what evil or penalty shall be incurred by such as commit any public wrongs, and transgress or neglect their duty, 1 Steph. Com., and 1

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