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Walk out

Walk out, means a strike; an informal or unauthorised strike; an action of leaving a meeting or organization as an expression of disapproval; continued absence from the meetings of an organization as an expression of disapproval,...

Out-of-pocket rule

Out-of-pocket rule, means the principle that a defrauded buyer may recover from the seller as damages the difference between the amount paid for the property and the actual value received, Black's Law Dictionary, 7th Edn., p....

Out put tax

Out put tax, in relation to any period, means the aggregate amount of tax payable by a dealer liable to pay tax u/s. 10, s. 11, s. 12, s. 13, sub-s. (3) of s. 14, or...

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Income arising out of business of export

Income arising out of business of export, bring within its sweep not only export of any goods or merchandise manufactured or possessed by assessee but also of trading goods, P.R. Prabhakar v. Commissioner of Income Tax,...

Arising out of accident

Arising out of accident, indicates that for the purpose of awarding compensation, the casual relationship between the use of the motor vehicle and the accident resulting in death or permanent disablement is not required to be...

Out of the way

See under Out adv

out migration

migration out of country or territory emigration

Holding out

Holding out. On the principle of estoppels any representation by words or conduct or knowingly suffered to be made by others that a person is a partner in a firm on the faith of which representation...

stretch-out

stretch-out : a labor practice in which workers are required to do extra work with slight or no additional pay

out-of-pocket rule

out-of-pocket rule : a measure of damages from fraud used in some jurisdictions that is based on the difference between the amount paid by the plaintiff and the market value of the thing paid for rather...

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