Profit Sharing - Law Dictionary Search Results
Joint authors
each being able to exploit the work as desired while remaining accountable for a prorata share of the profits to the co-author or co-authors, Black's Law Dictionary, 7th Edn., p. 842. … single work, and each being able to exploit the work as desired while remaining accountable for a prorata share of the profits to the co-author or co-authors, Black's Law Dictionary, 7th Edn., p. 842.
royalty
right delegated (as to an individual or corporation) by a sovereign 2 a : a share of the profit or product reserved by the grantor esp. of an oil or mineral lease compare overriding royalty b : … 1 : a right delegated (as to an individual or corporation) by a sovereign 2 a : a share of the profit or product reserved by the grantor esp. of an oil or mineral lease compare overriding
joint venture
more parties that is usually limited to a single enterprise and that involves the sharing of resources, control, profits, and losses compare combination 2 : a criminal undertaking by two or more persons in which each intentionally
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His income
income assessable under the Act. The amounts representing the shares of the spouse and minor child in the profits of the partnership firm would be part of 'his income' for the purpose of assessment to tax and … of income which goes to make up his total income assessable under the Act. The amounts representing the shares of the spouse and minor child in the profits of the partnership firm would be part of 'his
Jobber
a contractor, Black's Law Dictionary, 7th Edn., p. 840. Jobber, one who buys or sells for a speedy profit by re-sale or re-purchase; on the Stock Exchange, a dealer in stocks and shares, dealers 'constituting one of … sells for a speedy profit by re-sale or re-purchase; on the Stock Exchange, a dealer in stocks and shares, dealers 'constituting one of the two classes of members of whom the House consists, transacting business with dealers
Rake-off
means a percentage or share taken, especially from an illegal transaction; an illegal bribe, payoff, or skimming of profits, Black's Law Dictionary, 7th Edn., p. 1266. … Rake-off, means a percentage or share taken, especially from an illegal transaction; an illegal bribe, payoff, or skimming of profits, Black's Law Dictionary, 7th
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