Margin Stock - Law Dictionary Search Results
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stock
stock 1 a : the equipment, materials, or supplies of a business b : a store or supply accumulated ;esp : the inventory of the goods of a merchant or manufacturer 2 : the ownership element in a corporation usually divided into shares and represented by transferable certificates ;also : the certificate evidencing ownership of one or more shares of stock capital stock 1 : the stock that a corporation may issue under its charter including both common and preferred stock 2 : the outstanding shares of a joint stock company considered as an aggregate 3 : capitalization common stock : a class of stock whose holders share in company profits (as through dividends) on a pro rata basis, may vote for directors and on important matters such as mergers, and may have limited access to information not publicly available cumulative preferred stock : preferred stock whose holders are entitled to the payment of cumulative dividends as well as current dividends before common stockholders are ...
Regulation U
Regulation U : a regulation of the Board of Governors of the Federal Reserve System imposing credit restrictions on banks that extend credit for the purpose of buying or carrying margin stock if the credit is secured directly or indirectly by margin stock ...
Marginal note
Marginal note, an abstract of a reported case, a summary of the facts, or brief statement of the principle decided, which is prefixed to the report of the case, usually in the earlier reports placed in the margin, and corresponding to the head-notes of later times and the present day 'marginal notes are often conveniently appended to documents of any kind.The marginal notes which appear in the statute-books as printed by the King's Printers have not the authority of the legislature, and cannot alter the interpretation of the text. See Claydon v. Green, (1868) LR 3 CP 5, per Willes, J.; Sutton v. Sutton, (1882) 22 Ch D 5, per Jessel, M.R. In the Revised Statutes they have been revised throughout to make them in accordance with the text; and in Chitty's Statutes of Practical Utility they have been much added to, abridged, or altered.In some private Acts of Parliament the marginal notes may form part of the Act, Re Working, etc., Act, 1911 (1914) 1 Ch 300, per Phillimore, LJ....
Stock certificates
Stock certificates. By the National Debt Act, 1870, it is provided that a holder of British Government Stock may obtain a stock certificate; that is to say, a certificate of title to his stock or any part thereof, with coupons annexed, entitle in the bearer of the coupons to the dividends on the stock (s. 26); that a certificate shall not be issued in respect of any sum of stock not being 50l., or a multiple of 50l., or exceeding 1000l. (s. 28); that a trustee of stock shall not apply for or hold a stock certificate, unless authorized to do so by the terms of his trust (s. 29); that no notice of any trust in respect of any certificate or coupon shall be receivable (s. 30); that where a stock certificate is outstanding the stock represented thereby shall cease to be transferable in the Bank books (s. 31); that a tock certificate, unless a name is inscribed thereon, shall entitle the bearer to the stock therein described, and shall be transferable by delivery (s. 32). The Act also contai...
Common stock or common hotchpot
Common stock or common hotchpot, the doctrine of throwing into common stock inevitably postulates that the owner of a separate property is a coparcener who has an interest in the coparcenary property and desires to blend his separate property with the coparcenary property. The existence of a coparcenary is absolutely necessary before a coparcener can throw into the common stock his self-acquired properties. The separate property of a member of a joint Hindu family may be impressed with the character of joint family property if it is voluntarily thrown by him into the common stock with the intention of abandoning his separate claim therein. The separate property of a Hindu ceases to be a separate property and acquires the characteristic of a joint family or ancestral property not by any physical mixing with his joint family or his ancestral property but by his own volition and intention by his waiving and surrendering his separate rights in it as separate property. The act by which the ...
Stock Exchange
Stock Exchange, a society of stockbrokers and dealers (or stockjobbers) for the conduct of the sale or purchase, on behalf of non-members, of Government securities and stocks or shares in public companies. See COMPANY. The members of the 'House' (as it is called) must be re-elected annually and pay a substantial annual subscrip-tion. In the transaction of business they are governed by certain usages, and by rules framed by the Committee of the Stock Exchange which bind their outside employers, if reasonable, but not otherwise, See Beilson v. James, (1882) 9 QBD 546 (CA), in which a custom to disregard Leeman's Act (see LEEMAN'S ACTS) was held unreasonable; Chitty on Contracts; and the works of Melsheimer and Laurence, Brodhurst, and Stutfield. Also, the place where they meet to transact business. See BROKER.Perhaps the most important of the London Stock Exchange Rules are Rules 66 and 75, by which:-66. The Stock Exchange does not recognize in its dealings any other parties than its own...
Colonial Stock Acts (English)
Colonial Stock Acts (English). Colonial stocks were not authorised as trustee investments by the Trustee Act, 1893, but by the Colonial Stock Acts of 1877, 1892, 1900 and 1934. Colonial stocks registered in the United Kingdom, and with respect to which certain prescribed conditions have been observed, are (unless expressly forbidden by the instrument of trust: Trustee Act, 1925, s. 1 (o) available as investments for trustees; see Colonial Stock Act, 1900 (63 & 64 Vict. c. 62), and subsequent Acts; Re Maryon-Wilson, (1912) 1 Ch 55...
Rolling stock
Rolling stock, includes locomotives, engines, carri-ages (whether powered or not), wagons, trollies and vehicles of all kinds moving or intended to move on rails. [Delhi Metro Railway (Operation and Maintenance) Act, 2002 (60 of 2002), s. 2(1)(a)]By the Railway Rolling Stock Protection Act, 1872 (35 & 36 Vict. c. 50), rolling stock of a railway company, when out on sidings, etc., belonging to private occupiers, is exempted from distress for rent due from the occupiers. The rolling stock is protected from execution by s. 4 of the Railway Companies Act, 1867 (30 & 31 Vict. c. 127), made perpetual by 38 & 39 Vict. c. 31.Rolling stock, includes locomotives, engines, carriages (whether powered or not), wagons, trollies and vehicles of all kinds moving or intended to move on rails. [Delhi Metro Railway (Operation and Maintenance) Act, 2002, s. 2(r)]...
Stock
Stock, a race, lineage, or family; also, the public funds [for definition, see (English) National Debt Act, 1870, Part VII., and 20 & 21 Geo. 5, c. 28, s. 49 (1)], considered merely as perpetual annuities redeemable at the pleasure of the Government; also, the capital of a public company, as to which see SHARES.The plain meaning of the word 'stock' in these provisions of the Act is 'to keep' and the injunction of the law means no more than this that no person shall keep for sale a misbranded drug or a drug in respect of which a valid licence is not held. It is not necessary that the drug should be 'stored' in a place in order that it can be said to have been 'stocked' for sale, S.K. Amir v. State of Maharashtra, AIR 1974 SC 469: (1974) 4 SCC 210: (1974) 3 SCR 84. [Drugs and Cosmetics Act, 1940, ss. 18(a) and (c), 27(a)]Stock, refers to currency of the State, irrespective of the place of registration of the company. The very use of the word 'stock itself connotes uniformity', National B...
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