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Quit rent

Property Act, 1925, s. 191. Also to the remedies for non-payment, see s. 121 and ibid. Means a payment to a feudal lord by a freeholder or copyholder, so called because upon payment the tenant goes 'quit

Usufructuary mortgage

to deliver possession of the mortgaged property to the mortgagee, and authorise him to retain such possession until payment of the mortgage-money, and to receive the rents and profits accruing from the property or any part of

Salary

monthly emoluments to which a public servant is entitled, including any sum which may be required for the payment of taxes or payments or repayments to a provident fund, even though these may be recovered by deduction

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Subsidy

value of his lands or goods. The word 'subsidy' in Item 6(g) of the Second Schedule of the Payment of Bonus Act cannot be confined only to those cases where cash payment is made by Government in

Supra protest

Supra protest, after 'protest' (se PROTEST). There may be either acceptance or payment of a bill of exchange by a person other than the drawee or acceptor or other person liable,

Tithe Rent-Charge

having regard to their average tithable produce and productive quality; and such lands were absolutely discharged from the payment of all tithes, and, instead thereof, became subject to their portion of the rent-charge, thenceforth payable to the

Toll

the special Act authorized to be taken by them. By s. 3 'toll' includes 'any rate or other payment payable under the special Act for any passenger, animal, carriage, goods, merchandise, articles, matters or things conveyed on

Magna Carta

shall the pledges of the debtor be distrained, as long as the principal debtor is sufficient for the payment of the debt. And if the principal debtor fail in payment of the debt, having nothing wherewith to

Money

'That passes freely from hand to hand throughout the community, in the final discharge of debts and full payment for commodities; being accepted equally without reference to the character or credit of the person who offers it,

Debenture stock

a series of debentures By the terms of much debenture stock the holders are not entitled to demand payment until the winding up of the company or default in payment in the case of railway debentures they

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