Profit Sharing - Law Dictionary Search Results
partnership
partnership : an association of two or more persons or entities that conduct a business for profit as co-owners see also Uniform Partnership Act in the Important Laws section compare corporation, joint venture, sole proprietorship … or more persons jointly own a mining claim and actually engage in extracting minerals with the purpose of sharing profits and losses non·trad·ing partnership : a partnership that is not engaged in the buying and selling of
stock
as an aggregate 3 : capitalization common stock : a class of stock whose holders share in company profits (as through dividends) on a pro rata basis, may vote for directors and on important matters such as … the goods of a merchant or manufacturer 2 : the ownership element in a corporation usually divided into shares and represented by transferable certificates ;also : the certificate evidencing ownership of one or more shares of stock
Profit bonus
Matched in: Term Profit bonus
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Capitalisation
Capitalisation, the profits of a Company can be capitalised in accordance with the Articles of Association and the law. On the … transmuted and transformed into capital. The most common example of capitalisation of profits is by issuance of bonus shares to the shareholders, P.K. Badiani v. C.I.T., AIR 1977 SC 560 (565): (1976) 4 SCC 502.
Joint venture
entity in the nature of a partnership engaged in the joint undertaking of a particular transaction for mutual profit or an association of persons or companies jointly undertaking some commercial enterprise wherein all contribute assets and share … profit or an association of persons or companies jointly undertaking some commercial enterprise wherein all contribute assets and share risks. It requires a community of interest in the performance of the subject-matter, a right to direct and
Pyramid
to buy or sell additional amounts on a margin as where one buys on a 10 margin 100 shares of stock quoted at 100 holds it till it rises to 105 and then uses the paper profit … ones holding or interest in a series of operations on a continued rise or decline by using the profits to buy or sell additional amounts on a margin as where one buys on a 10 margin 100
participation
formal basis with specified rights and obligations [a loan made directly or in with a bank] b : profit sharing 2 a : something in which shares are taken by more than one party b : something that
Preferential or preference shares or stock
some cases, of capital upon a winding-up, over the ordinary shares. The dividends are usually contingent upon the profits of each year or half-year. In some cases, however, the arrears of dividend form an accumu-lating debt by … Preferential or preference shares or stock, shares or stock in a company having priority as to payment of dividends of a fixed
Insurance
Lucena v. Crauford (1806), 3 Bos & P 75; 2 Bos & PNR 269; a mere hope of profit is not insurable (ibid.). see also the (English) Assurance Companies (Gambling Policies) Act, 1909, as to marine policies. … the basis of mutual insurance. In this there is no proprietary body distinct from the assured; the latter share among themselves the whole profits of the concern, after deducting the expenses of management. Accident Insurance.--This is a
common
[ shares] n 1 pl cap : house of commons 2 : the legal right of taking a profit in another's land in common with the owner or others [the of estovers] [the of pasture] 3 : … large : public [ defense] b : known to the community [a thief] 2 : belonging to or shared by two or more persons or things or by all members of a group [when the insured and
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