Present Value - Law Dictionary Search Results
Home Dictionary Name: present valuePresent value
The principal which drawing interest at a given rate will amount to the given sum at the date on which this is to be paid thus interest being at 6 the present value of 106 due one year hence is 100...
capitalize
capitalize -ized -iz·ing 1 a : to convert into capital [ the company's earnings] b : to treat as a capital expenditure rather than an ordinary and necessary expense [the cost of the merger must be capitalized] 2 a : to compute the present value of (an income extended over a period of time) compare amortize b : to convert (a periodic payment) into an equivalent capital sum [capitalized annuities] 3 : to supply capital for [had capitalized the business with her own savings] ...
duration
duration the number of years it will take to receive the present value of all future payments on a security to include both principal and interest. Source: U.S. Department of Housing and Urban Development ...
Glossic
A system of phonetic spelling based upon the present values of English letters but invariably using one symbol to represent one sound only...
Capitalise
Capitalise, to convert (a periodical income or payment) into an equivalent capital sum: to compute or realize the present value of such a payment for a definite or indefinite length of time, Steel Authority of India Ltd. v. State of Madhya Pradesh, (1999) 4 SCC 76....
Resolution
Resolution, a solemn judgment or decision; a revocation of a contract. As to the cases in which resolutions of the House of Commons varying or renewing taxation have statutory effect for a limited period, see Provisional Collection of Taxes Act, 1913 (3 Geo. 5, c. 3). As regards companies, resolutions are of three kinds: (a) Ordinary, i.e., a resolution passed by a simple majority of members; (b) Extraordinary, i.e., a resolution passed by three-fourths of such members entitled to vote as are present in person or by proxy (where proxies are allowed) at a general meeting, of which notice specifying the intention to propose the resolution as an extraordinary resolution has been duly given; (c) Special, i.e., when passed by such a majority as is required for the passing of an extraordinary resolution and at a general meeting of which not less than 21 days' notice, specifying the intention to propose the resolution as a special resolution has been duly given, or if all members entitled to ...
Deodand
Deodand [fr. deo dandum, Lat.], a personal chattel which had been the immediate occasion of the death of any reasonable creature; it was forfeited to the Crown to be applied to pious uses and distributed in alms by the high almoner; but the right to deodands had been for the most part granted out to the lords of manors or other liberties to the perversion of the original design. The law made the following extraordinary distinction, that no deodand was due where an infant under the age of discretion was killed by a fall from a cart or horse or the like, not being in motion, whereas if an adult person fell thence and was killed the thing was certainly forfeited. In all indictments for homicide, the instrument of death and the value were presented and found by the grand jury (as that the blow was given by a certain bludgeon, value 9d.), that the Crown or the grantee might claim the deodand; for it was no deodand unless it was presented as such by a jury of twelve men. Deodands were abolis...
evidentiary
evidentiary 1 : being, relating to, or affording evidence [photographs of value] 2 : conducted so that evidence may be presented [an hearing] ev·i·den·tia·ri·ly adv ...
floating
floating 1 : not presently committed or invested [ capital] 2 : short-term and usually not funded [ debt] 3 : having no fixed value or rate [ currencies] [ interest rates] ...
redeem
redeem 1 a : repurchase b : to repurchase by right and not on the open market [ preferred shares] 2 a : to free from a lien or pledge usually by payment of the amount secured thereby [ collateral] b : to exercise an equity of redemption in (real property) by payment in full of a mortgage debt after default but prior to a foreclosure becoming effective [a right to property prior to the actual sale under a judgment of foreclosure "Bowery Sav. Bank v. Harbert Offset Corp., 558 N.Y.S.2d 821 (1990)"] see also equity of redemption c : to exercise a right of redemption in (real property) within the period set by law by a repurchase that voids the effect of foreclosure or sale see also right of redemption NOTE: A mortgagor with a right of redemption might redeem property within the set period following a foreclosure sale by paying the new purchaser the purchase price, interest, taxes, and lawful charges. d : to remove the obligation of by payment (as at maturity) [ a bond] 3 a : to...
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