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Security Agreement - Law Dictionary Search Results

Home Dictionary Name: security agreement Page: 5 Page 5 of about 64 results (0.003 seconds)

Simple contract

Simple contract, a contract made either verbally or in writing but not under seal. See Addison, Chitty, Leake, or Pollock on Contracts.Before 1870 simple contract debts were, in the administration of the estate of a deceased person, postponed to debts secured by instrument under seal, called 'specialty debts,' but all such priority was abolished by the Administration of Estates Act, 1869, s. 1, replaced by A.E. Act, 1925, s. 32. See also LIMITATION....


call

call 1 : to announce or recite loudly [ed the civil trial list] 2 : to admit (a person) as a barrister [was ed to the bar] 3 : to demand payment of esp. by formal notice [ a loan] 4 : to demand presentation of (as a bond or option) for redemption NOTE: A security issuer may call a security only if calling it is previously provided for, as, for example, in the indenture for a bond or in the stock agreement for preferred stock. The issuer usually pays the holder a premium for a called security. n 1 : a demand for payment of money: as a : a notice by the U.S. Treasury to depositories to transfer part of its deposit balance to the Federal Reserve bank b : a notice to a stockholder or subscriber to pay an assessment or an installment of subscription to capital 2 : call option at option 3 a : a formal announcement or recitation [the daily of the motion calendar] b : roll call [the speaker ordered a of the house] ...


security deposit

security deposit : money provided by a tenant to a landlord to secure performance of a rental agreement or compensate for possible loss or damage ...


Broker

Broker [fr. broceur, Fr., a person who breaks into small pieces], (1) an agent employed to make bargains and contracts between other persons in matters of trade, commerce and navigation, by explaining the intentions of both parties, and negotiating in such a manner as to put those who employ him in a condition to treat together personally; (2) and, more commonly, an agent employed by one party only to make a binding contract with another.There are various sorts of brokers now employed in commercial affairs, whose transactions form, or may form, a distinct and independent business. Thus, for example, there are exchange and money-brokers, stock-brokers, ship-brokers, and insurance-brokers, who are respectively employed in buying and selling bills of exchange, or promissory notes, railway scrip, goods, stocks, ships, or cargoes; or in procuring freights or charter-parties. By custom or usage brokers may become personally liable on contracts made by them on behalf of principals where the p...


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 ...


broker

broker : an agent who negotiates contracts of sale (as of real estate or securities) or other agreements (as insurance contracts or mortgages) between the parties for a fee or commission compare dealer, finder NOTE: An insurance broker differs from an insurance agent in that a broker is usually considered an agent of the insured, even though he or she may receive a commission from an insurance company. A broker may sell the products of a number of insurers, and an insurer has no liability for a broker's wrongful actions (as misrepresentation or fraud). A securities broker often acts also as a dealer and so is often referred to as a broker-dealer. ...


Unbounded sugarcane

Unbounded sugarcane, it must be stated however, that neither the expression 'bonded sugarcane' nor 'unbonded sugarcane' has been defined either in the statue or in the U.P. Sugarcane Supply and Purchase Order, 1954 and, therefore, regard must be had to the ordinary dictionary meaning of the said expressions. In shorter Oxford English Dictionary the legal and technical meaning of the expression 'bond' is given as 'a deed by which the obligor binds himself, his heirs, executors, or assigns to pay a certain sum to the oblige.' In stroud's judicial Dictionary (4th Edn.) the expression 'bond' is explained as: an obligation by deed'. It will thus be clear that the expression 'bonded sugarcane' must mean sugarcane secured by a bond or deed. Under the Notification of the Cane Commissioner dated June 1, 1955 certain deductions from the minimum price per maund of cane fixed for the season 1954-55 had been notified in respect of the 'Unbonded sugarcane' crushed on or after May 1, 1955 In other wo...


Articles, Marriage

Articles, Marriage, An agreement made in consideration of marriage, generally to secure a provision by conveyance or settlement for the spouses or one of them and the children of the marriage, must, under the Statute of Frauds, 29 Car. 2, c. 3, s. 4, be in writing and will not be enforced unless evidenced in writing, see Montacute v. Maxwell, 1 P Wms 618, and Butterfield v. Heath, (1852) 15 Beav 408. In equity the Articles are considered as minutes of agreement and to create executory trusts, and the Court will give effect to the intention accordingly without strict or any regard to an improper or informal use of words, see Stamford v. Hobart, (1710) 3 Br PC (Tomk. Ed) 31, and Blandford v. Marlborough, (1743) 2 Atk. 542, and therefore the rule in Shelley's Case (now abolished in regard to instruments coming into operation after 1925, see Law of Property Act, 1925, s. 131) was not applied in construing or executing the Articles. See Norton on Deeds....


Take delivery

Take delivery, means to receive something pur-chased or order, especially, to receive a commodity under a future contract or spot-market contract, or to receive securities recently purchased, Black's Law Dictionary, 7th Edn., p. 1466....


Clearance area

Clearance area. Under the Housing Acts, 1930-35, substantially reproduced by the Housing Act,1936, the local authority may (see ss. 25 et seq., 1936 Act) declare any area in their district to be a clearance area where they are satisfied that the houses there are by reason of disrepair or sanitary defects or bad arrangement either of the houses or streets dangerous to the health of the inhabitants in the area, and after marking off on a map of the area and excluding from the area any building which is not unfit for human habitation or dangerous and injurious to health, they may, by a clearance order obtained from the Minister of Health, see Errington v. Minister of Health, 1935 (1) KB 249, and subject to formalities under ss. 51-53 of the H. Act, 1936, and if the owner has not obtained a certificate of re-conditioning fitness, order the demolition of the buildings in the area or purchase the land compulsorily or by agreement, or themselves secure the demolition of the buildings. A limit...



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