Trade - Law Dictionary Search Results
Sequin
about the end of the 13th century and afterward in the other Italian cities and by the Levant trade was introduced into Turkey It is worth about 9s 3d sterling or about 225 The different kinds vary
Smack
A small sailing vessel commonly rigged as a sloop used chiefly in the coasting and fishing trade
ABC test
the employer, (B) works away from the employer's place of business, and (C) is engaged in an established trade. The name derives from the A.B. and C. commonly used in designating three parts of the test, Black
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Slaver
A vessel engaged in the slave trade a slave ship
Insolvency
one who is unable to pay his debts as they fall due or in the usual course of trade and business as a merchants insolvency
Implement
use esp an instrument tool or utensil as supplying a requisite to an end as the implements of trade of husbandry or of war
investment income
: income (as interest, dividends, annuities, or royalties) that is not derived in the ordinary course of a trade or business
good
years : durables fungible goods : goods of which any unit is by nature or by usage of trade the equivalent of any other unit esp. as defined by section 1-201 of the Uniform Commercial Code fu·ture
good faith
a merchant means honesty in fact and the observance of reasonable commercial standards of fair dealing in the trade.” Similarly, Article 3 on negotiable instruments defines good faith as “honesty in fact and the observance of reasonable
holder in due course
negotiable instrument free of any claims to it and of most defenses of a party to it. Federal Trade Commission rules have abolished the status of holder in due course in consumer transactions.
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