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Capital payable by instalments

Capital payable by instalments, be treated as income, Beattie v. Secretary of

payable

payable : that may, can, or must be paid

Bill of exchange payable on demand

Bill of exchange payable on demand, includes-- (a) an order for the payment of

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Sale price

Sale price, 'Sale Price' means the amount payable to a dealer as consideration for the sale of any

Negotiable instruments

instrument' means a promissory note bill of exchange or cheque payable either to order or to bearer. Explanation (i).--A promissory note,

Pension

between sixty-five and seventy, whereas non-contributory old age pensions are payable at seventy; see ante, and ss. 8, 9, 10 and

Rent

or near it. See RACK-RENT. (7) Fore-hand-rent, otherwise called rent payable in advance. See 2 Bl. Com. pp. 14 et seq.;

Wages

can be called wages. But when it is monthly remuneration payable on the last day of the month or after that

Presetment of Bill of Exchange, Cheque, or Pro-missory Note

of Bill for Acceptance.--Presentment is necessary if the bill be payable after sight or if it be expressly stipulated for by

Royalty

a patent, lease of a mine or similar right, and payable proportionately to the use made of the right by the

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