Realize - Law Dictionary Search Results
Home Dictionary Name: realizerealize
realize -ized -iz·ing 1 : to convert into money 2 : to obtain or incur (as a gain or loss) esp. as the result of a sale, exchange, or other disposition of an asset [realized a loss when the house was sold] compare recognize re·al·i·za·tion [rē-ə-lə-zā-shən] n ...
Realize
To make real to convert from the imaginary or fictitious into the actual to bring into concrete existence to effectuate to accomplish as to realize a scheme or project...
confiscate
confiscate -cat·ed -cat·ing : to seize without compensation as forfeited to the public treasury compare criminal forfeiture NOTE: Illegal items such as narcotics or firearms, or profits from the sale of illegal items, may be confiscated by law enforcement officers. Additionally, government action that reduces the value of property to a person or entity as to make it nearly worthless has been held to constitute confiscation. Examples of such government action include the passage of zoning laws that prevent the use of land for its designated purpose and the setting of utility rates so low that the utility company cannot realize a reasonable return on its investment. con·fis·ca·tion [kÄ n-fə-skā-shən] n con·fis·ca·tor [kÄ n-fə-skā-tər] n con·fis·ca·to·ry [kən-fis-kə-tōr-ē] adj ...
discover
discover 1 : to find out about, recognize, or realize for the first time [when the victim s the fraud] see also discovery rule 2 a : to make the subject of discovery b : to learn of or obtain (information) through discovery dis·cov·er·able adj ...
recognize
recognize -nized -niz·ing 1 : to acknowledge formally: as a : to admit as being of a particular status [ a precedent] [ a union] ;specif : to acknowledge (as a right, cause of action, or defense) as valid b : to admit as being one entitled to be heard : give the floor to c : to acknowledge the de facto existence or the independence of [refused to the new government] 2 : to account for as real, received, or incurred and treat and record appropriately ;specif : to account for (a gain, loss, expense, or income) on current accounting or tax records [recognized the gain when she included it as income on her tax return] compare realize ...
Capitalise
Capitalise, to convert (a periodical income or payment) into an equivalent capital sum: to compute or realize the present value of such a payment for a definite or indefinite length of time, Steel Authority of India Ltd. v. State of Madhya Pradesh, (1999) 4 SCC 76....
Increase of Rent and Mortgage (Restrictions) Acts (English)
Increase of Rent and Mortgage (Restrictions) Acts (English). A series of statutes, each of a temporary character, curtailing the contractual rights, in respect of certain classes of property, of landlords and mortgagees. This legislation was rendered necessary, in the first instance, by the conditions caused by the outbreak of the Great War. The continuance of the protection to tenants and mortgagees of dwelling-houses afforded by the later Acts was made necessary by the housing shortage, caused principally by the economic effects of the war. The Courts (Emergency Powers) Act,1914 (4 & 5 Geo. 5, c. 78), was the first of such Acts: it restricted the right to levy distress or resume possession of property by landlords and of mortgagees to foreclose or realize their security. This Act was followed by a series of complicated statutes which imposed restrictions on increasing the rent and mortgage interest on properties falling within their scope. the obscure and ambiguous drafting of these ...
Open market
Open market, if the transactions of sale and pur-chase are effected under conditions enabling every person desirous of purchasing the goods in question to place orders with such manufacturing unit and obtain supplies, they will constitute purchases 'from the open market'. The Supreme Court in in this context referred with advantage to the following observations of Swinfen Eady, J. in Inland Revenue Commissioners v. Clay, (1914) 3 KB 466: (1914-1915) All ER Rep 882 (888), where the Court of Appeal had to consider the scope of the expression 'open market' occurring in s. 25(1) of the Finance Act, 1910 (10 Edw 7, c 8): The market is to be the open market, as distinguished from an offer to a limited class only, such as the members of the family. The market is not necessarily an auction-sale. The s. means such amount as the land might be expected to realize if offered under conditions enabling every person desirous of purchasing to come in and make an offer, and if proper steps were taken t...
Trustee in bankruptcy
Trustee in bankruptcy. A person appointed in a bankruptcy to collect and realize the property of the debtor and to distribute the proceeds among the creditors. The property of the debtor vests in the trustee on his appointment. See Bankruptcy Acts, 1914 and 1926....
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