Time Policy - Law Dictionary Search Results

qualified public officer (as a notary public) make an inventory of the assets in the estate within the time period set by statute. 3 a : financial help in time of disability, sickness, old age, or unemployment … old age, or unemployment b : payment or service provided for under an annuity, pension plan, or insurance policy see also death benefit c : fringe benefit benefit vb

bank

is separate from a main office bridge bank : a national bank that is chartered for a limited time to operate an insolvent bank until it is sold central bank : a national bank that establishes monetary … an insolvent bank until it is sold central bank : a national bank that establishes monetary and fiscal policy and controls the money supply and interest rate collecting bank : a bank other than the payor bank

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Letter of cover

the assured has first to send a proposal to the insurer and then the insurer takes a little time in making enquiries as to whether it would accept the proposal and undertake the obligation of covering the … of cover, a letter of cover no doubt contains a contract of insurance but it is not a policy of insurance in the common understanding of that word in the trade. It is well known that in

lapse

lapse : a termination or failure due to events, neglect, or time: as a : the failure of a bequest (as because the intended recipient dies before the testator) compare … because the intended recipient dies before the testator) compare anti-lapse statute b : the termination of an insurance policy because of nonpayment of premiums or nonrenewal vb lapsed laps·ing vi : to terminate, become ineffective, or fail

Custom and usage

Custom and usage, signify any rule which, having been continuously and uniformly observed for a long time, has obtained the force of law among Hindus in any local area, tribe, community, group or family: Provided … tribe, community, group or family: Provided that the rule is certain and not unreasonable or opposed to public policy; and Provided further that in the case of a rule applicable only to a family it has not

declaration

is in the declarant's own interest spon·ta·ne·ous declaration [spÄ n-tā-nē-əs-] : an excited utterance that is made without time for fabrication called also spontaneous exclamation spontaneous utterance compare res gestae NOTE: Spontaneous declarations are exceptions to the … of information (as year, make, and model) regarding the subject (as a car) and coverage of an insurance policy 4 : a statement creating or giving notice of the creation of a legal entity, relationship, or status

grace period

grace period : a period of time beyond a scheduled date during which a required action (as payment of an obligation) may be taken without … or cancellation): as a : a period of 30 days or one month during which premiums on insurance policies may be paid without penalty b : a period of ten days during which certain security interests (as

Marriage, Promise of

and pending decree absolute the House of Lords held that the promise was not void as against pubic policy, Fender v. Mildmay, (1937) 106 LJ KB 641, and see ILLEGALITY. As to defence of illness, see Jefferson … about 200 years ago, and the question does not appear to have been raised since 1717. In early times the spiritual courts enforced specific performance of the promise, and this jurisdiction was not formally abolished until the

Immoral

may also be said that what is repugnant to good conscience is immoral. Its varying content depends upon time, place and the stage of civilization of a particular society, Gherulal Parakh v. Mahadeodas Maiya, AIR 1959 SC … or object of an agreement is lawful unless the court regards it as immoral, or opposed to public policy.

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