Termination - Law Dictionary Search Results
destructibility of contingent remainders
largely abolished rule in the law of estates that a contingent remainder that fails to vest upon the termination of the preceding estate is destroyed see also executory interest at interest
Wages
any bonus or other additional remunera-tion etc., and any sum 'payable to such person by reason of the termination of his employment, A.R. Sarin v. B.C. Patil, AIR 1951 Bom 423. Means remuneration payable to an employee
direct skip
interest is held by such persons and that is subject to generation-skipping transfer taxes compare taxable distribution, taxable termination
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discontinuance
discontinuance 1 : the usually voluntary termination of an action by a plaintiff by motion or by failure to pursue the claim 2 : the
dismissal
dismissal 1 : removal from a position or service 2 a : the termination of an action or claim usually before the presentation of evidence by the defendant in·vol·un·tary dismissal 1 :
erisa
Retirement Income Security Act) - The federal statute that regulates private pensions. Governs the funding, vesting, administration and termination of private pension plans. Source: FindLaw
fee simple
fee simple on condition subsequent is conveyed by language that creates a right of entry or power of termination in the grantor and that expresses condition (“on condition that,” “provided that”). in fee simple : under title
gift
gift over pl: gifts over : a gift esp. by will of property that takes effect upon the termination or failure of a preceding estate (as a life estate) in the property manual gift : a gift
Year
as twelve calendar and not lunar months, Bishop of Peterborough v. Catesby, 1608 Cro Jac 166. For the termination of the statutory year for certain financial and other administrative purposes, e.g., income tax, land tax, etc., see
Money of account, money of measurement money of payment
that the Bill is a Money Bill, the Chairman shall, if he holds the objects valid, direct the termination of further proceeding of the Bill. If Chairman is doubtful regarding the validity of the objection, he shall
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