Medium Term Nowes - Law Dictionary Search Results
Home Dictionary Name: medium term nowesmedium 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....
Terms
Terms, the periods during which the superior courts at Westminster were open.The legal year consists of four terms: Michaelmas, Hilary, Easter, and Trinity (which see), the year beginning with Michaelmas Term.The commencement and duration of the terms were fixed by 11 Geo. 4 & 1 Wm. 4, c. 70, s. 6, and 1 Wm. 4, c. 3, s. 3. By the first of these enactments Hilary Term began on the 11th and ended on the 31st of January; Easter Term began on the 15th of April and ended on the 8th of May; Trinity Term began on the 22nd of May and ended on the 12th of June; and Michaelmas Term began on the 2nd and ended on the 25th of November. Vacations in the Equity Courts were regulated also by Cons. Ord. V.By the (English) Judicature Act, 1873, s. 26, now repealed, it was provided that the division of the legal year into terms should be abolished so far as relates to the administration of justice. But in all other cases in which, under the law previously existing, the terms into which the legal year is ...
Terms for years
Terms for years. An estate for years is denominated a term, because its enjoyment is strictly fixed, for by 'term' is meant not only the interest which passes, but also the period for which it is held. It is a chattel real: chattel, because the estate passes to the owner's executors at his death, and did not pass to his heir-at-law, and so far partakes of the nature of personalty; real, because it is an interest in lands, and therefore partakes of the nature of real property.A term is usually created by a deed or speciality contract, called a lease or demise under the Common Law (see LEASE), and the appropriate operative verbs therein are 'demise,' or 'grant, lease, and to farm let'; but any wards showing the intent of the parties that the one (the lessor) shall divest himself of the possession, and the other (the lessee) come into it for a determinate time, are generally sufficient for the purpose.Terms could not be limited in succession or by way of remainder except by way of trust o...
Easter term
Easter term, formerly called a movable term, but afterwards fixed, beginning on the 15th of April and ending on the 8th of May in every year. See 11 Geo. 4 & 1 Wm. 4, c. 70, s. 6; see now (English) Jud. Act, 1925, s. 52, abolishing terms, s. 53, with power to regulate vacations....
Issuable terms
Issuable terms. Hilary and Trinity were so called because in them issues were made up for the assizes. But for town causes all the four terms were issuable. The division of the legal year into terms is now abolished, so far as relates to the administration of justice (Jud. Act, 1873, s. 26). See R.S.C., Ord. LXIII....
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....
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