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Payables - Law Dictionary Search Results
Negotiable instruments
OF EXCHANGE AND NOT NEGOTIABLE. (1) A 'negotiable instrument' means a promissory note bill of exchange or cheque payable either to order or to bearer. Explanation (i).--A promissory note, bill of exchange or cheque is payable to
Pension
1925 and 1929, 1931, is paid to persons between sixty-five and seventy, whereas non-contributory old age pensions are payable at seventy; see ante, and ss. 8, 9, 10 and 11 of this Act (c. 33). The (English)
Rent
rent of the full value of the tenement, or near it. See RACK-RENT. (7) Fore-hand-rent, otherwise called rent payable in advance. See 2 Bl. Com. pp. 14 et seq.; and Harg. Co. Litt. 144 a, note (5).
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Wages
is to be paid daily or weekly, it can be called wages. But when it is monthly remuneration payable on the last day of the month or after that date, and when the remuneration considering the general
Royalty
Royalty, a payment reserved by the grantor of a patent, lease of a mine or similar right, and payable proportionately to the use made of the right by the grantee. It is usually a payment of money,
Presetment of Bill of Exchange, Cheque, or Pro-missory Note
Bills of Exchange Act, 1882, as follows:- Presentment of Bill for Acceptance.--Presentment is necessary if the bill be payable after sight or if it be expressly stipulated for by the bill, or if it be drawn payable
Cheque
6: A 'cheque' is a bill of exchange drawn on a specified banker and not expressed to be payable otherwise than on demand and it includes the electronic image of a truncated cheque and a cheque in
Purchase price
Purchase price, means the amount of valuable consideration paid or payable by a person for any purchase made including any sum charged for anything done by the seller in
Salary or wages
expressed in terms of money, which would, if the terms of employment, express or implied, were fulfilled, be payable to an employee in respect of his employment or of work done in such employment and includes dearness
Succession duties
succeed to property worth 100l. a year, he pays succession duty upon 1242l. 19s. 6d. Succession duties are payable as a rule at the same rate as legacy duty in respect of all property liable to be
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