Repurchase - Law Dictionary Search Results
Home Dictionary Name: repurchaseMortgage by conditional sale and sale with a condition of repurchase
Mortgage by conditional sale and sale with a condition of repurchase, there is a clear legal distinction between the two concepts, a mortgage by condition sale and a sale with a condition of repurchase. The former is a mortgage, the relationship of debtor and creditor subsists and the right to redeem remains with the debtor. The latter is an out and out sale whereby the owner transfers all his rights in the property to the purchaser reserving a personal right of repurchase, Bhoju Mandal v. Debnath Bhagat, AIR 1963 SC 1906 (1907). [Transfer of Property Act, 1882, s. 58 (c)]...
repurchase agreement
repurchase agreement : a contract giving the seller of securities (as Treasury bills) the right to repurchase after a stated period and the buyer the right to retain interest earnings ...
repurchase
repurchase -chased -chas·ing : to buy back [ shares of stock] n : the act or an instance of purchasing something again or back ;specif : a corporation's buying back of some of its stock at market price (as to increase the amount of Treasury stock or as a preliminary step to going private) ...
redeem
redeem 1 a : repurchase b : to repurchase by right and not on the open market [ preferred shares] 2 a : to free from a lien or pledge usually by payment of the amount secured thereby [ collateral] b : to exercise an equity of redemption in (real property) by payment in full of a mortgage debt after default but prior to a foreclosure becoming effective [a right to property prior to the actual sale under a judgment of foreclosure "Bowery Sav. Bank v. Harbert Offset Corp., 558 N.Y.S.2d 821 (1990)"] see also equity of redemption c : to exercise a right of redemption in (real property) within the period set by law by a repurchase that voids the effect of foreclosure or sale see also right of redemption NOTE: A mortgagor with a right of redemption might redeem property within the set period following a foreclosure sale by paying the new purchaser the purchase price, interest, taxes, and lawful charges. d : to remove the obligation of by payment (as at maturity) [ a bond] 3 a : to...
Salary or wages
Salary or wages, means all remuneration (other than remuneration in respect of over-time work) capable of being expressed in terms of money, which would, if the terms of employment, express or implied, were fulfilled, be payable to an employee in respect of his employment or of work done in such employment and includes dearness allowance (that is to say, all cash payments, by whatever name called, paid to an employee on account of a rise in the cost of living), but does not include--(i) any other allowance which the employee is for the time being entitled to;(ii) the value of any house accommodation or of supply of light, water, medical attendance or other amenity or of any service or of any concessional supply of foodgrains or other articles.(iii) any travelling concession;(iv) any bonus (including incentive, production and attendance bonus);(v) any contribution paid or payable by the employer to any pension fund or provident fund or for the benefit of the employee under any law for t...
Buy back
Buy back, means an act or instance of buying something back; especially the repurchase by a corporation of shares of its own common stock on the open market, Webster's Dictionary of Law, Indian Edn. (2005), p. 62....
To continue
To continue, means when bonds are purchased without having been paid for but the broker is instructed to carry them over, who accordingly continues them......... e.g., instructs the bank to do so, the expression 'to continue' means to sell and to agree to rebuy the same amount of stock at a future day at the same price and a sum for the accommodation. Such transaction is not a loan, but sale and repurchase, Bongio Vanni v. Societe General, (1886) 54 LT 320....
Remere
Remere, means the right of repurchase, Black's Law Dictionary, 7th Edn., p. 1297....
Redimere
Redimere, means to buy back; repurchase, Black's Law Dictionary, 7th Edn., p. 1283....
Racheter
Racheter, means to repurchase or buy back Black's Law Dictionary, 7th Edn., p. 1265....
- << Prev.
- Next >>