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Main Pot

Main Pot : a step in calculating tax liability under Internal Revenue Code section 1231 in which all qualified transactions are netted to determine if the result is a loss or gain called also Big Pot...

majority leader

majority leader : a leader of the majority party in a legislative body

majority shareholder

majority shareholder : a shareholder who alone or in combination with others controls a majority of the outstanding shares in a corporation

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Absolute majority

Absolute majority, means a majority of all those who are entitled to vote in a particular election, whether or not they actually cast ballots, Black Law Dictionary, 7th Edn., p. 966.

Main residential house

Main residential house, the 'main residential house' means the entire building, a part only of which is in the occupation of the person, Ude Bhan v. Kapoor Chand, AIR 1967 Punj 53.

main purpose rule

main purpose rule : a doctrine in contract law: a promise to pay the debt of another need not be in writing to be enforceable if the promisor was motivated by a desire for advantage or...

majority opinion

majority opinion see opinion

Main streaming

Main streaming, the practice of educating a disabled student in a class with students who are not disabled, in a regular-education setting, as opposed to a special-education one, Black's Law Dictionary, 7th Edn., p. 965.

Main sworn

Main sworn, Forsworn, by making a false oath with a hand on a book. This was used primarily in north England, Black's Law Dictionary, 7th Edn., p. 965.

Main-rent

Main-rent, vassalage.

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