Itemization - Law Dictionary Search Results
hud1 statement
hud1 statement also known as the "settlement sheet," or "closing statement" it itemizes all closing costs; must be given to the borrower at or before closing. Items that appear on the
gross income
gross income : all income derived from any source except for items specifically excluded by law NOTE: Section 61 of the Internal Revenue Code lists fifteen nonexclusive items that should
inventory
inventory pl: -ries 1 : an itemized list of current assets: as a : a written list or catalog of the property of an individual,
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last in, first out
last in, first out : being or relating to a method of valuing inventories by which items from the last lot received are assumed to be sold first and all requisitions are priced at the
movable
movable or move·able [mü-və-bəl] adj : capable of being moved or moveable n : an item of movable property ;also : a right or interest (as a chattel mortgage) in an item of movable
sale
are met ;specif : a sale in which the seller extends credit to the buyer to purchase the item and takes a security interest in the item with the buyer receiving title when the debt has been
wrongful dishonor
wrongful dishonor : a wrongful refusal by a payor bank to honor an item that is properly payable [a payor bank is liable to its customer for damages proximately caused by the
Scavenger hunt
a game in which individuals or teams are given a list of items and must go out gather them together without purchasing them and bring them back the first person or
Accessories
addition. Accessories are not necessarily confined to particular machines for which they may serve as aids. The same item may be an accessory of more than one kind of instrument, Annapurna Carbon Industries Co. v. State of
General damages
General damages, include all other items of damage whether they be pecuniary or not. Special damages comprise all part pecuniary loss which is calculable
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