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Quaestor

Quaestor, means an officer who maintained and administered the public money, performing tasks such as making necessary payments, receiving revenues, keeping accurate accounts, registering debts and fines, supervising the accommodation of foreign ambassadors, and financing the

Profit

incurried by the seller. It is again made in business, profession of vocation when both the receipts and payments are taken into consideration, Rajkishen Prem Chandra Jain v. C.I.T., AIR 1959 Punj.

Hereditary revenues

Consolidated Fund.' Sect. 2 of the Act of 1837 directed the produce of all the heritous rates, duties, payments, and revenues in England, Scotland, and Ireland respectively, and also the small branches of the hereditary revenues and

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Priority

registration, but registration, if available (as in the case of any mortgage), amounts to notice. See also PREFERENTIAL PAYMENTS; ASSETS.

Premium and rent

interest of the lessor is parted with for a price paid is premium or salami. But the periodical payments made for the continuous enjoyment of the benefits under the lease are in the nature of rent. The

Potential

existing; for example, the future product of grain or trees already planted, or the successive future instalments or payments on a contract or engagement, already made.' In other words service which is not only extended to actual

Partnership

in profits and equal contributions to losses; for indemnification of every partner by the firm in respect of payments properly made for the firm; that every partner may take part in the business; that no partner is

Onus episcopale

Onus episcopale, ancient customary payments from the clergy, to their diocesan bishop, of synodals, pentecostals, etc.

Occasionari

Occasionari, to be charged or loaded with payments or occasional penalties.

Nonae et deciae

Nonae et deciae, payments made to the church, by those who were tenants of church farms. The first was a rent or

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