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Marine insurance business

may be legally insured, in or in relation to such vessels, cargoes and freights, goods, wares, merchandise and property of whatever description insured for any transit by land or water, or both, and whether or not including … means the business of effecting contracts of insurance upon vessels of any description, including cargoes, freights and other interests which may be legally insured, in or in relation to such vessels, cargoes and freights, goods, wares, merchandise

Partition of Chattels

owned in undivided shares upon application by the persons interested in a moiety or upwards. [(English) Law of Property Act, 1925, s. 188] … of Chattels. The court may order partition of chattels owned in undivided shares upon application by the persons interested in a moiety or upwards. [(English) Law of Property Act, 1925, s. 188]

Privy

this sense in the statutory implied covenant in Part vi. Of the Second Sch. Of the Law of Property Act, 1925, and Woodhouse v. Jenkins, (1832) 9 Bing 441. Also a participation in interest or knowledge. See

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Reservation

3 SCR 590. The creation of a new right or interest, by and for the grantor, in real property being granted to another, Black's Law Dictionary, 7th Edn., p. 1309. Mans the reservation of post in the

volunteer

an interest pays the debt of another and is denied reimbursement from subrogation 2 : one who receives property without giving valuable consideration

Revenue

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

avoid

to make void or undo : annul [the trustee may any transfer of interest of the debtor in property "U.S. Code"] 2 : to respond to (an allegation or averment) by declaring that facts alleged do not

transfer

[trans-fər-əl] n [trans-fər] n 1 : a conveyance of a right, title, or interest in real or personal property from one person or entity to another 2 : a passing of something from one to another [

stake

stake 1 : the subject matter (as property or an obligation) of an interpleader 2 : an interest or share in an esp. commercial undertaking

skip person

skip person : a person to whom property is transferred in a generation-skipping transfer ;also : a trust whose interests are all held by or may … person : a person to whom property is transferred in a generation-skipping transfer ;also : a trust whose interests are all held by or may only be distributed to skip persons see also direct skip compare generation-skipping

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