Portion - Law Dictionary Search Results
Home Dictionary Name: portionPortion
Portion, property settled or provided in favour of children or their issue. In settlements by deed or will of personal property, portions were and are usually effected by direct trusts in favour of the children or issue, either immediately or after the death of the parent or parents. In regard to realty the usual plan was to settle a long term of years from or out of the real estate upon trust to sell or mortgage the term in order to provide the portions when they became payable. See SATISFIED TERM; ATTENDANT TERM. This term preceded the settlement of the estate in fee or in tail according to the intention of the settlor. This method is still available although the term is not a legal estate and will not affect a purchaser even with notice who takes his title from estate owners who are entitled to sell the estate unaffected by the term, but the trustees entitled to the term may require to have the term secured by a legal mortgage. See Law of Property Act, s. 3 (1) and Settled Land Act,...
Falcidian portion
Falcidian portion [from Falcidius, Roman tribune who proposed the law passed in 40 B.C. that established the portion] : the one-fourth portion of a succession that may be retained by the instituted heir in civil law if more than three-fourths of the succession was bequeathed to other legatees compare legitime, marital portion NOTE: The Falcidian portion is expressly abolished in the Louisiana Civil Code. ...
marital portion
marital portion in the civil law of Louisiana : a one-fourth portion that a surviving spouse is entitled to claim from the estate of a spouse who has died rich in comparison to the surviving spouse compare disposable portion, falcidian portion, legitime ...
disposable portion
disposable portion in the civil law of Louisiana : the portion of a testate succession that may be donated to legatees other than the forced heir compare marital portion ...
Substantial portion of such goods
Substantial portion of such goods, the expression 'substantial portion of such goods' in s. 115(1)(e) has been used to mean substantial portion of the goods that have been imported keeping in view the quantity as well as the value of the goods that have been imported, India Steamship Co. Ltd. v. Union of India, AIR 1998 SC 1955 (1958): (1998) 4 SCC 293. [Customs Act, 1962 s. 115(1)(e)]...
Definite portions
Definite portions, expression 'definite portions' indicates a physical division in which a member takes a particular item of property and not an undivided share in property, Udayam Chimnabhai v. Income Tax Commissioner, AIR 1967 SC 762 (765). [Income Tax Act, 1922, s. 75 A(2)]...
Portioner
Portioner, a minister who serves a benefice, together with others, so called because he has only a portion of the tithes or profits of the living; also an allowance which a vicar commonly has out of a rectory or impropriation....
Substantial portion
Substantial portion, means substantial portion of all the imported goods on the view that it leads to a difficulty as to whether these two words are to be understood with reference to the value of the imported good or with the quantity of the imported goods, India Steamship Co. Ltd. v. Union of India, (1998) 4 SCC 293....
forced portion
forced portion : legitime ...
legitimate portion
legitimate portion : legitime ...
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