Medium Term Notes - Law Dictionary Search Results
Home Dictionary Name: medium term notesmedium term notes
medium term notes unsecured general obligations of Fannie Mae with maturities of one day or more and with principal and interest payable in U.S. dollars. Source: U.S. Department of Housing and Urban Development ...
Term loan
Term loan, means loan advanced for commercial loans, State Bank of Patiala v. Harbans Singh, (1994) 3 SCC 495.The expression 'term loan' is well understood in banking parlance. The expression implies the grant of loan for a fixed term. It has no relevance with the purpose for which loan is granted. Where the terms for repayment is long, the loan is called 'long term loan' and where the term exceeds one year but not five to seven years, it is commonly known as 'medium term loan, Canara Bank v. P.N.R. Upadhyaya, AIR 1998 SC 3000: (1998) 6 SCC 526....
Attendant term
Attendant term. Terms for years in real property are created for many purposes, e.g., to furnish money for the payment of debts, to secure rent charges or jointures, to raise portions for younger children, daughters, etc. Now, although the purpose for which the term was originally created has been satisfied or has failed, yet, not being surrendered, it continued to exit, the legal interest remaining in the trustees, to whom it was at its creation limited, or, if deceased, in their personal representatives; but the person entitled to the inheritance then became, according to equitable principle, entitled to the beneficial interest in such term, and the term or was held to be such person's trustee. This beneficial interest was subordinate to and merely attendant upon the higher estate possessed by the owner of the inheritance, and yet completely consolidated with it, following the inheritance in all the various modifications and changes to which it might be subjected by act of law or arr...
Circulating medium
Circulating medium, more comprehensive than the term money, as it is the medium of exchanges, or purchases and sales, whether it be gold or silver coin or any other article....
Bought and Sold Notes
Bought and Sold Notes. It is no longer the custom for brokers who have succeeded in making a contract to make any entry in their books save for their own private information, and it is now almost the universal practice to regard the bought and sold notes as the proper evidence of the contract. The broker sends to the seller a 'sold note' and to the buyer a 'bought note,' these being now the usual terms, though formerly their use was sometimes the converse. When each note discloses the name of both parties to the transaction, each is a complete memorandum of the bargain. When each note only discloses the name of one party, the two may be treated as one memorandum. The bought and sold notes are deemed to constitute a single document, and if they differ materially they are nullities unless one has been assented to by the parties as containing the terms of the contract.Every contract note for or relating to the sale or purchase of any stock or marketable security must be stamped when the v...
Medium sized
Having a medium size as a medium sized man...
Ad medium filum vi' (aqu')
Ad medium filum vi' (aqu') [filum, a thread, Lat.], an imaginary line in the centre of a road or river. The soil of a highway, and the bed of a non-tidal river, are presumed to belong to the owners of the adjacent lands usque ad medium filum vi', or aqu'; and accordingly where in a conveyance of land it is said to be bounded by a highway or a river, half of the road or half of the bed of the river passes to the grantee, unless a contrary intention is shown; see Micklethwait v. Newlay Bridge Co., (1886) 33 CD 133, and City of London Land Tax Commissioners v. Central London Railway, 1913 AC 364. The presumption does not apply to a railway that is a boundary, Thompson v. Hickman, (1907) 1 Ch 550....
Filum aqu', vi', medium
Filum aqu', vi', medium. See AD MEDIUM FIL' (AQU')....
Usque ad medium filum aqu', or vi'
Usque ad medium filum aqu', or vi' [Lat.] (even to the middle of the Stream or road). See AD MEDIUM FILUM VI'....
note
note 1 a : a written promise to pay a debt ;specif : promissory note in this entry bank note : a promissory note issued by a bank payable to bearer on demand but without interest and circulating as money cog·no·vit note [kÄ g-nō-vit-, kōg-] : a note in which the maker acknowledges the debt and authorizes the entry of judgment against him or her without notice or a hearing : a note containing a confession of judgment collateral note : a note secured esp. by a collateral mortgage and pledged to secure an obligation of which a hand note usually serves as evidence demand note : a note payable on demand compare time note in this entry floating rate note : a negotiable note that yields an indexed and periodically adjusted variable rate of interest called also floater hand note : a note for an obligation secured by a collateral note non-recourse note : a note whose satisfaction upon default may be obtained only out of the collateral securing it promisso...
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