Owing - Law Dictionary Search Results
Public prosecutor
Public prosecutor, means a Public Prosecutor or an Additional Public Prosecutor or a Special Public Prosecutor appointed under s. 28 and includes any person acting under the directions of the Public Prosecutor. [Prevention of Terrorism Act,...
Production
Production, has a wider connotation than the word 'manufacture'. While every manufacture can be characterised as production, every production need not amount to manufacture, Commissioner of Income Tax v. NV Budharaga & Company, 1993 (70) Taxman...
Petition de droit (Petition of Right UK)
Petition de droit (Petition of Right UK), one of the Common Law methods of obtaining possession or restitution from the Crown of either real or personal property, or compensation in damages for breach of contract, the...
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Paracium
Paracium, the tenure between parceners, viz., that which the youngest owes to the eldest without homage or service, Domesday.
Obligor
Obligor, he who enters into an obligation or bond; a debtor. It means a person liable to a originator, whether under a contract or otherwise, to pay a financial asset or to discharge any obligation in...
Obligee
Obligee, means (1) One to whom an obligation is owed; a promisee or creditor. (2) One who is obliged to do something, Black's Law Dictionary, 7th Edn., p. 1104. The person in whose favour an obligation...
Nil debet
Nil debet (he owes nothing), the old form of the general issue in all actions of debt not founded on a specialty. This plea was not allowed after Reg. Gen. T.T. 1853 r. 11.
Nichil
Nichil, means 'nothing'. A debt owed to the exchequer's officer but nihiled by sheriffs as non-leviable. Once a year, an officer of the cleru of Nichils enrolled there amounts and sent them to the treasurer's remembrancer's...
Average
Average, a medium, a mean proportion used in various senses:- (1) A service which a tenant owes to his lord by doing work with his avers. (2) A shipping or insurance term. (a) Average, or more...
deduction
deduction 1 : an amount allowed by tax laws to be subtracted from income in order to decrease the amount of income tax due see also Internal Revenue Code in the Important Laws section compare credit,...
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