Profit - Law Dictionary Search Results
Royalty
to an inventor in respect of each article sold under the patent. Royalty is share of product or profit reserved by owner for permitting another to use the property. In its broadest aspect, it is share of
Statutory percentage
Statutory percentage, 'statutory percentage' means for the present purpose, 45 per cent of industrial profits and 60 per cent of non-industrial profits. These percentage have to be applied separately to the profits of
Hereditaments
they mean the same thing as land), and incorporeal, which are not tangible, and are the rights and profits annexed to, or issuing out of, land. It includes money held in trust to be laid out in
Keep your definitions linked to case research
Earned surplus
Earned surplus, it represents a specific account into which are added the net profits of the year and appropriations are made out of it and the balance is regarded as 'earned surplus'
Discovers
the facts and circumstances on which assessment had been made or relief granted, and that when the Excess Profits Tax Officer finds that an assessee to whom relief had been granted under s. 26(3) has utilised the
Mortgage
any property, whether real or personal, including estates-tails. A mortgagor in possession or receipt of the rents and profits of any land, as to which the mortgagee has given no notice of intention to enter into possession
National insurance
on a British owned or registered ship when the person employed is remunerated by a share in the profits or gross earnings of the vessel. (h) Service in H.M. Forces. The Acts contain special provisions governing these
Possession
state of owning or having in one's hands or power. It includes possession by receipt of rents and profits, Gaddam Vekayamma v. Gaddan Veerayya, (1956) Andh LT 77: (1956) Andh WR 988 (NOC) (DB). Possession, the state
Welsh mortgage
conveyance of an estate redeemable at anytime by the mortgagor, on payment of the loan; the rents and profits of the estate being received in the meantime by the mortgagee, in satisfaction of interest subject, however, to
renegotiate
adjust interest rates or repayments) ;specif : to determine under statutory procedure the existence and amount of excess profits on (a government contract) in order to eliminate or obtain a refund of such profits vi : to
- ‹ Prev
- 3
- 4
- 5
- 6
- 7
- 9
- 10
- 11
- 12
- 13
- Next ›
- Last »
Try the research workspace - 7 days free