S 181 - Page 4 - Law Dictionary

Dead man's part

Dead man's part, the remainder of an intestate's movables, besides that which of right belonged to his wife and children. This was formerly made use of in masses for the soul of the deceased; subsequently, the administrators applied it to their own use and benefit, until the 1 Jac. 2, c. 17, subjected it to distribution among the next of kin. In Scotland the 'dead's part' of a man's personalty is that part of which he is entitled to dispose by will. See REASONABLE PARTS....

Cairn's Act (English)

Cairn's Act (English), for enabling the court of Chancery to award damages, and try questions of fact with a jury, 21 & 22 Vict. c. 27, repealed by Stat. Law Rev. and Civil Procedure Act, 1883, as having been superseded by s. 24 of the Judicature Act, 1873. See R. S. C. Ord. L., r. 6, and Judicature Act,1925, s. 36....

Battered Woman's syndrome

Battered Woman's syndrome, means the psycho-logical symptoms buffered by a woman repeatedly abused by a mate (as a husband), Battered Woman's syndrome is used as defense to violent criminal charges (as homicide). Evidence of repeated abuse is used to show that the defendant acted in self-defence even though the threat or danger was not imminent; Battered Woman's syndrome is also used as a mitigating factor in sentencing, Webster's Dictionary of Law, Indian Edn. (2005), p. 46....

Banker's Books

Banker's Books, includes ledgers, day books, cash-books, account-books and other records used in the ordinary business of the bank, whether in written form or kept on microfilm, magnetic tape, or other forms of retrieval mechanism, State of Norway's Application, (1987) QB 433; Williams v. Summer Field, (1972) 2 QB 513.Banker's Books, includes ledgers, day books, cash-books, account-books and all other records used in the ordinary business of the bank, whether these records are kept in written form or stored in a microfilm, magnetic tape or any other form of mechanical or electronic data retrieval mechanism, either onsite or at any offsite location including back-up or disaster recovery site of both, Banker's Books Evidence Act, 1891, sec. 2(3)...

Banker's acceptance

Banker's acceptance, is a short-term credit instrument issued by an importer's bank that guarantees payment of an exporter's invoice, Webster's Dictionary of Law, Indian Edn. (2005), p. 43....

arm's length

arm's length : the condition of the parties to a business deal in which each has independent interests and one does not dominate the other often used in the phrase at arm's length [a contract made at arm's length] arm's-length adj ...

City's cash

City's cash, the revenues derived from the corpora-tion's estates are usually known as 'city's cash', and are applied for charitable, educational, ceremonial and other purposes, Halsbury's Laws of England, Vol. 29, para 60, p. 45....

Sheriff's Tourn or Rotation

Sheriff's Tourn or Rotation, a Court of record held twice every year, within a month after Easter and Michaelmas, before the sheriff, in different parts of the county, being indeed only the turn of the sheriff to keep a Court-leet in each respective hundred; this, therefore, was the great Court-leet of the county, as the county Court was the Court-baron; but the 'tourn,' which had been long obsolete, was expressly abolished by s. 18, sub-s. 4, of the Sheriffs Act, 1887....

Oswald's law hundred

Oswald's law hundred, an ancient hundred in Worcestershire, so called from Bishop Oswald, who obtained it from King Edgar to be given to St. Mary's Church in Worcester. It was exempt from the sheriff's jurisdiction, and comprehends 300 hides of land, Camd. Brit....

Owner's equity

Owner's equity, is the residual claim of the owners of the business on its assets after recognition of the liabilities of the business. Owner's equity repre-sents the amounts contributed by the owners to the business, plus the accumulated income of the business since its formation, less any amounts that have been distributed to the owners, Accounting and Finance for Lawyers in a Netshell, Charles H. Meyer, 4 (1995).Means the aggregate of the owners' financial interest in the assets of a business entity; the capital contributed by the owners plus any retained earnings. Also termed (in a corporation) shareholders' equity; stockholders' equity, Black's Law Dictionary, 7th Edn., p. 1131....

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