Purchase - Law Dictionary Search Results
Goodwill
55). A business's reputation, patronage, and other intan-gible assets that are considered when apprising the business, esp. for purchase; The ability to earn income in excess of the an come that would be expected from the business
wash sale
the act of washing, which does not affect the nature of the thing washed] : a sale and purchase of securities that produces no change of the beneficial owner ;specif : a sale of securities within 30
tax stamp
on it has been paid ;esp : one that the dealer of a controlled substance is required to purchase by payment of a tax according to a state law [an additional count of failure to purchase a
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privity
privus private] 1 : the direct connection or relationship between parties to a contract or transaction (as a purchase) [ of contract] see also horizontal privity, vertical privity NOTE: Formerly a suit for breach of warranty or
preemption
preemption [Medieval Latin praeemption- praeemptio previous purchase, from praeemere to buy before] 1 a : the right of purchasing before others : preemptive right b
interest
controls the use of property has a possessory interest, while a party who has an easement does not. purchase money security interest 1 : the security interest held by the seller of collateral to secure payment of
buy out
buy out 1 : to purchase the share or interest of 2 : to purchase the entire tangible and intangible assets of (a business)
arbitrage
arbitrage [French, literally, arbitration, decision-making] 1 : the purchase of a security, commodity, or foreign currency in one market for the purpose of immediately selling it at
Transaction
AIR 1968 Ker 190. Transaction, the word 'transaction' in s. 47 refers not merely to commercial transaction of purchase and sale but would include also all other matters relating to the affairs of the partnership. The completion
Export value
Export value, in relation to export by way of lease or hire-purchase or under any other similar arrangement, includes the charges, by whatever name called, payable in respect of such lease or hire-purchase or any other...
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