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I.O.U

I.O.U., a written acknowledgement of a debt, so called because it commences with those letters, which custom has substituted for the words I owe you, because they have the same sound. It ordinarily runs thus:-'To Mr. A.B., I.O.U. twenty rupees. C.D January 1st, 2008.'If in the above form, it requires no stamp, being neither receipt, agreement, not promissory note. If it contains a promise to pay the money, it must be stamped as a promissory note, or as an agreement, if it contains terms of agreement the subject of which is of the value of 5l. It should be addressed to the creditor by name, but that is not essential to its validity. It is evidence of an account stated with the creditor, if named; if he is not named, it is prima facie evidence of an account stated with the person producing it. It is not negotiable....


Majlis-I-Muntazimah

Majlis-I-Muntazimah, means majlis-i-majlis-i-muntazimah (Extend the Council) of the University [See, Jamia Millia Islamia Act, 1988 (58 of 1988), s. 2(j)]...


HUD-1 settlement statement

HUD-1 settlement statement [Department of Housing and Urban Development (which publishes the form) + 1 (indicating its place in a sequence of such forms)] : a form signed at closing that sets out expenses, disbursements, and adjustments relating to the purchase of real property ...


title 1

title 1 an FHA-insured loan that allows a borrower to make non-luxury improvements (like renovations or repairs) to their home; Title I loans less than $7,500 don't require a property lien. Source: U.S. Department of Housing and Urban Development ...


I ll

Contraction for I will or I shall...


Enlarger 1'estate

Enlarger 1'estate, a species of release which enures by way of enlarging an estate, and consists of a conveyance of the ulterior interest to the particular tenant; as if there be tenant for life or years, remainder to another in fee, and he in remainder releases all his right to the particular tenant and his heirs, this gives him the estate in fee, 1 Steph. Com....


Majlis-I-Talimi

Majlis-I-Talimi, means the majlis-i-talimi (Academic Council) of the University. [See Jamia Millia Islamia Act, 1988 (58 of 1988), s. 2(k)]...


Tahzirat-i-Hind

Tahzirat-i-Hind, the words Tahzirat-i-Hind means Indian Penal Code, AIR 1930 Lah 885....


P.P.I

P.P.I. See POLICY PROOF OF INTEREST....


Zur-i-peshagi lease (Zurpeshgidars)

Zur-i-peshagi lease (Zurpeshgidars), means a form of lease made in consideration of money advanced by lessee to lessor. The lease is a security for the amount advanced by the tenant to the lessor, Chulhan Singh v. Madho Singh, 28 IC 383....



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