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Profits - Law Dictionary Search Results

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Purchaser

right thereto, whether he did or did not obtain the possession or the receipt of the rents and profits thereof (s. 1)), is, for the purposes of the Act, to be considered to have been the purchaser

Measure of damage

the measure of damage. The leading case upon the subject is Hadley v. Baxendale, (1854) 9 Exch 341. Profits upon an expected re-sale cannot, in English law, be recovered, though this would appear to be at variance

Allocable surplus

under the Income-tax Act for the declaration and payment within India of the dividends payable out of its profits in accordance with the provisions of s. 194 of that Act, sixty-seven per cent of the available surplus

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Pernor

One who receives the profits as of an estate

Pooling

agreement to unite an aggregation of properties belonging to different persons with a view to common liabilities or profits

Pyramid

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

Revenue

That which returns or comes back from an investment the annual rents profits interest or issues of any species of property real or personal income

Sequester

indifferent person to seize or take possession of as property belonging to another and hold it till the profits have paid the demand for which it is taken or till the owner has performed the decree of

Sequestrator

or takes the possession of it for a time to satisfy a demand out of its rents or profits

Accrue and arise

Accrue and arise, the words 'accrue' and 'arise' do not mean actual receipt of the profits or gains. Both these words are used in contradistinction to the word 'receive' and indicate a right to

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