Owner Financing - Law Dictionary Search Results
owner financing
Matched in: Term owner financing
equity financing
Matched in: Term equity financing
Owner's equity
Matched in: Term Owner's equity
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bottomry
of earlier bottomary, modification of Dutch bodemerij, from bodem bottom, hull, ship] : a contract under which the owner of a ship pledges the ship as collateral for a loan to finance a journey [money lent on … a contract under which the owner of a ship pledges the ship as collateral for a loan to finance a journey [money lent on for…equipping the vessel "Louisiana Civil Code"] compare respondentia
seller take back
seller take back an agreement where the owner of a property provides second mortgage financing. These are often combined with an assumed mortgage instead of a
Operator
Operator is defined by s. 2(b) of the Act as amended by Act 4 of 1973 as the owner or the person having possession or control of the vehicle and includes any person whose name is entered … on the date of the notice of demand it had further possession and control of the vehicles, Sundaram Finance Ltd. v. Regional Passport Officer, 1992 Supp (2) SCC 436: AIR 1992 SC 117; see also State of
lease
let go, from Latin laxare to loosen, from laxus slack] 1 a : a contract by which an owner of property conveys exclusive possession, control, use, or enjoyment of it for a specified rent and a specified … product to a lessee who is leasing the product primarily for his or her personal or household use finance lease : a lease in which the lessor acquires goods from a supplier in accordance with the specifications
Hire-purchase system
Hire-purchase system. A system whereby the owner of goods lets them on hire for periodic payments by the hirer upon an agreement that when a … test of a hire-purchase agreement. As to the stamping of a hire-purchase agreement, see s. 7 of the Finance Act, 1907 (7 Edn. 7, c. 13). As to a hire-purchase agreement, being a mere cloak for a
London, Port of
the Port Authority and the election of and appointment of members. The Act provides very fully for the financing and general management of the Port, and Schedule I of the Act defines the limits of the Port, … by payers of rates (as defined in Part IV. of the Second Schedule to this Act), wharfingers and owners of river craft, and one shall be elected by wharfingers. (5) Subject to the provisions of this section,
National insurance
of which is obtained by a contract of bailment (e.g., a taxi-cab hired by a taxi-cab driver). The owner is considered to be the employer for the purpose of the Acts. (f) Employment by way of manual … Part I. Insured Persons and Contributions. Part II. Benefits. Part III. Approved Societies and Insurance Committees. Part IV. Financial Provisions relating to Approved Societies and Insurance Committees. Part V. Special Classes of Insured Persons. Part VI. Central
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