Payment - Law Dictionary Search Results
Home Dictionary Name: payment Page: 3additional principal payment
additional principal payment money paid to the lender in addition to the established payment amount used directly against the loan principal to shorten the length of the loan. Source: U.S. Department of Housing and Urban Development ...
Covenanted payments to charity
Covenanted payments to charity, the statutory provisions relating to disposition for a period which cannot exceed six years do not apply in relation to income which is payable as a covenanted payment to charity, Halsbury's Laws of England, Vol. 23, para 1183, p. 1073...
Preferential payments
Preferential payments, in bankruptcy, administra-tion of estates of persons dying insolvent, and winding up of a company:-One year's rates and taxes, four months' salaries of clerks up to fifty pounds, and two months' wages of labourers or workmen, up to twenty-five pounds (labourers in husbandry paid partly in a lump sum at the end of the year of hiring to have the whole or proportionate part of that sum). Also sums due under the Workmen's Compensation Acts, the National Insurance Acts (Health and Unemployment and Contributory Pensions). These debts rank equally between them unless the assets are insufficient, in which case they are to abate in equal proportions. By the (English) Bankruptcy Act, 1914 (see s. 34), the preference was extended to apprentices. See the (English) Bankruptcy Act, 1914, s. 33, and the (English) Companies Act, 1929, s. 264, by which these debts are directed to be paid in priority to all others; and by s. 264 (4) (b) of the Companies Act, 1929, these debts are ...
Payment on delivery
Payment on delivery, means that both acts are to be done simultaneously, Paynter v. James, LR 2 CP 348....
Payment for admission
Payment for admission, includes entertainment duty, Liberty Talkies v. State of Gujarat, (1971) 1 SCC 471 (475). [Bombay Entertainment Duty Act, 1923 (1 of 1923), s. 2(b)]...
Money of account, money of measurement money of payment
Money Bill, cannot be introduced in the Council of States. [Constitution of India, Art. 109(1)]Money Bill, cannot be referred to Joint Committee, Rules of Procedure and Conduct of Business in Lok Sabha, 10th Edn., 2002, r. 74.Money Bill, in India, the Speaker endorses certificate on Money Bill, Rules of Procedure and Conduct of Business in Lok Sabha, 10th Edn., 2002, r. 96.Money Bill, is a Bill which contains only provisions dealing with the imposition, repeal, remission, alteration or regulation of taxation etc., Parliamentary Practice, Erskine May, 22nd Edn., 1997, p. 806.Money Bill, on a Bill being introduced in the Council at a subsequent stage if an objection is taken that the Bill is a Money Bill, the Chairman shall, if he holds the objects valid, direct the termination of further proceeding of the Bill. If Chairman is doubtful regarding the validity of the objection, he shall refer the matter to the Speaker whose decision on the matter shall be final, Rules of Procedure and Cond...
stop payment
stop payment : a depositor's order to a bank to refuse to honor a specified check drawn by him or her ...
biweekly payment mortgage
biweekly payment mortgage a mortgage paid twice a month instead of once a month, reducing the amount of interest to be paid on the loan. Source: U.S. Department of Housing and Urban Development ...
giving in payment
giving in payment :dation en paiement ...
facility of payment clause
facility of payment clause ...
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