Treasury Share - Law Dictionary Search Results
Home Dictionary Name: treasury shareTreasury share
Treasury share : a share of Treasury stock ...
Treasury
Treasury, includes a sub-treasury. [Bihar Reorganis-ation Act, 2000, s. 2(l)]Treasury. (1) The place where treasure is deposited. (2) The department of state which manages the Public Revenue. The Lord High Treasurer is properly the head of this department; but, in practice, the functions of this great official are discharged by several commissioners. The chief of these is called First Lord; and he is, by custom, the head of the Cabinet (see CABINET COUNCIL), and of the whole executive, for which he is responsible in every department. The Chancellor of the Exchequer is the second commissioner, and there are three others. There are also three secretaries to the Treasury.A place or building in which stores of wealth are kept, esp., a place where public revenues are deposited and kept and from which money is disbursed to defray government expenses, Black's Law Dictionary, 7th Edn...
Treasury Bill
Treasury Bill, means a short-term debt security issued by the federal government, with a maturity of 13, 26 or 52 weeks, Black's Law Dictionary, 7th Edn., p. 1507.Treasury Bills are bills issued by the Treasury payable not later than twelve months after date. (English) Treasury Bills Act, 1877. See FUNDS; EXCHEQUER BILLS....
treasury index
treasury index can be used as the basis for adjustable rate mortgages (ARMs) It is based on the results of auctions that the U.S. Treasury holds for its Treasury bills and securities. Source: U.S. Department of Housing and Urban Development ...
Treasury solicitor
Treasury solicitor. Constituted a Corporation Sole by Treasury Solicitor Act, 1876 (39 & 40 Vict. c. 18). The Treasury Solicitor is no longer Director of Public Prosecutions: see (English) Prosecution of Offences Act, 1908 (8 Edw. 7, c. 3)....
treasury
treasury pl: -sur·ies 1 a : a place in which stores of wealth are kept b : the place of deposit and disbursement of collected funds ;esp : one where public revenues are deposited, kept, and disbursed c : funds kept in such a depository 2 cap a : a governmental department in charge of finances and esp. the collection, management, and expenditure of public revenues b : the building in which the business of such a governmental department is transacted 3 cap : a government security (as a note or bill) issued by the Treasury ...
Shares in public undertakings
Shares in public undertakings. Where the property is vested by charter or Act of Parliament in a body corporate, the shares of the individual corporators in the concern itself are personal, not real, estate; for such shares are merely the rights which each individual possesses as a partner to a share in the surplus profit derived from the employment of the capital, which is a mixed fund, consisting in part of personal chattels, as well as lands and fixtures. Shares in all companies which are within the Companies Acts (see the Companies Act, 1929, s. 62), OR THE Companies Clauses Act, 1845, are personal property; and in many cases of companies incorporated by special Act the shares have been expressly declared to be personal property. Before 1926 the question whether shares in other under-takings were real or personal property turned upon the nature of the shares-that is, whether the holder could call for a specific part of the land itself or only a share of the profits. See now UNDIVID...
Treasury Bench
Treasury Bench, is a name given to the Bench occupied, i.e. a front bench extending up to the gangway on the right of the Speaker, also Government Bench, Parliamentary Dictionary, L.A. Abraham and S.C. Hawtrey, 1956, p. 222.Treasury Bench, is the front Bench on the right hand of the Speaker is occupied by the Prime Minister and other members of Government, Practice and Procedure of Parliament, M.N. Kaul and S.L. Shakdher, 5th Edn., 2001, p. 1033....
Treasury Chest Fund
Treasury Chest Fund. A fund originating in the usual balances of certain grants of public money, and which is used for banking and loan purposes by the Commissioners of the Treasury. See 40 & 41 Vict. c. 45...
Undivided shares in land
Undivided shares in land. Before 1926 a legal estate in undivided shares in land was held by joint tenants, tenants in common, coparceners, and by husband and wife as tenants by entireties (see those titles), but now by the Law of Property Act, 1925, s. 1 (6), a legal estate is not capable of subsisting or of being created in an undivided share inland, and by the same s. 1 (3) and ss. 34 (4), 205, and 1st Sch., Part IV., and cf. TRUST FOR SALE, such shares are to take effect as equitable interests only in the net proceeds of sale and of the rents and profits of the entirety of the land until sale, while the legal estate must be held by trustees for sale of the entire undivided property. It should be noticed that shares only are affected by these provisions. The legal estate in the joint tenancy in the entirety of the trustees for sale persists ex necessitate rei, and this is given effect to by s. 36, as amended, prohibiting severance of the legal estate in joint tenancy and providing f...
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