Payables - Law Dictionary Search Results

Instalment

Instalment, a portion of a debt. When a debt is divided into two or more parts, payable at different times, each part is called an instalment, and the debt is said to be payable by

Hire-purchase price

Hire-purchase price, means the total sum payable by the hirer under hire-purchase agreement in order to complete the purchase of, or the acquisition of property

Means any person who for consideration became the possessor of promissory note, bill of exchange or cheque if payable to bearer, or the payee or indorsee thereof, if [payable to order], before the amount mentioned in it

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Increase of Rent and Mortgage (Restrictions) Acts (English)

the Acts come into existence. The rent is measured by the rent paid or estimated to have been payable for the house on 4th August, 1914. This rent is called the 'standard rent.' After deduction of the

Fines in copyholds

A fine which is preserved by 12 Car. 2, c. 24, s. 6, is a sum of money payable by custom to the lord. There are three classes of fines:- (1) those due on the change of

Negotiation by delivery

1881), s. 47] Subject to the provision of s. 58, a promissory note, bill of exchange or cheque payable to bearer is negotiable by delivery thereof. Exception.--A promissory note, bill of exchange or cheque delivered on condition

Payee

Act, 1881, s. 7. One to whom a bill of exchange or promissory note or cheque is made payable; he must be named or otherwise indicated therein, with reasonable certainty. The bill, note, or cheque may be

Re-exchange

the value of a bill occasioned by its being dishonoured in a foreign country in which it was payable. The existence and amount of it depend on the rate of exchange between the two countries. The theory

Tax, interest and penalty

Tax, interest and penalty, tax, interest and penalty are three different concepts. Tax becomes payable by an assessee by virtue of the charging provision in a taxing statute. Penalty ordinarily becomes payable when

Foreign exchange

Foreign exchange, means foreign currency and includes-- (i) deposits, credits and balances payable in any foreign currency, (ii) drafts, travellers cheques, letters of credit or bills of exchange, expressed or drawn

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