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Key Money - Law Dictionary Search Results

Home Dictionary Name: key money

Key money

Key money, means (1) Payment (as rent or security) required from a new tenant in exchange for a key to the leased property (2) Payment made by a prospective tenant to a landlord or current tenant to increase the chance of obtaining a lease in an area where there is a housing shortage. Key money in the first sense is a legal transaction; Key money in the second sense is usu. an illegal bribe that violates housing laws. Black's Law Dictionary, 7th Edn., p. 873....


Speed money

Speed money, Speed money is the key to getting lawful things done in good time and 'operation signature', be it on a gate pass or a pro forma, can delay the movement of goods, the economics whereof induces investment in bribery, Som Parkash v. State of Delhi, AIR 1974 SC 989 (993): 1974 SCC (Cri) 215. [Prevention of Corruption Act, 1947, s. 5(1)(a)]...


Key pair

Key pair, In an asymmetric crypts system, means a private key and its mathematically related public key, which are so related that the public key can verify a digital signature created by the private key. [Information Technology Act, 2000 (21 of 2000), s. 2(1) (x)]...


Keyed

Furnished with keys as a keyed instrument also set to a key as a tune...


Private key

Private key, means the key of a key pair used to create a digital signature. [Information Technology Act, 2000 (21 of 2000), s. 2(1)(zc)]...


Change key

A key adapted to open only one of a set of locks distinguished from a master key...


off key

Deviating from the proper pitch of a musical note or series of notes as an off key note to sing off key...


Pass key

A key for opening more locks than one a master key...


Key person

Key person, means an important officer or employee; a person primarily responsible for a business's success also termed key man, Black's Law Dictionary, 7th Edn., p. 874....


King's keys

King's keys. The King's keys are, in law phrase, the crow-bars and hammers used to force doors and locks in execution of the King's warrant, Scott's Antiquary....


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