Purchase - Law Dictionary Search Results

Champertor

One guilty of champerty one who purchases a suit or the right of suing and carries it on at his own expense in order to

checkout counter

A counter in a supermarket where one pays for ones purchases

Consumers surplus

The excess that a purchaser would be willing to pay for a commodity over that he does pay rather than go without the

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Contango

or interest paid by the buyer to the seller to be allowed to defer paying for the stock purchased until the next fortnightly settlement day

plastic card with a magnetic coded number similar to a credit card which is used to pay for purchases by the electronic deduction of a sum of money a debit directly from the card holders bank account

Del credere

when he sells goods on credit to insure warrant or guarantee to his principal the solvency of the purchaser the engagement of the factor being to pay the debt himself if it is not punctually discharged by

disposable income

that portion of income which is available for spending on discretionary purchases for individuals it is usually calculated as total income less taxes National disposable income which is the disposable

Emptional

Capable of being purchased

Federal National Mortgage Association

A federally chartered corporation that purchases and resells mortgages

Scavenger hunt

which individuals or teams are given a list of items and must go out gather them together without purchasing them and bring them back the first person or team to return with the complete list is the

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