Useful Life - Law Dictionary Search Results
lease
lease : a lease of property and esp. equipment for a term which is shorter than the property's useful life and in which the lessor is responsible for certain expenses (as taxes) per·pet·u·al lease [pər-pe-ch-wəl-] : a lease
salvage value
the actual or estimated value realized on the sale of a fixed asset at the end of its useful life NOTE: Salvage value is used in calculating depreciation.
Vegetable
Uttar Pradesh, AIR 1987 All 298. Vegetable, in the comprehensive sense, any living organism not possessed of animal life; a plant of any kind. A plant, specifically, in common usage, a herbaceous plant, cultivated for food, as
Keep your definitions linked to case research
Life insurance fund
Matched in: Term Life insurance fund
force
rule, deadly force may be used without incurring criminal or tort liability when one reasonably believes that one's life or safety is in danger. In some cases, a person's unreasonable belief in the need for deadly force
Imprisonment for life and Imprisonment for a term
Matched in: Term Imprisonment for life and Imprisonment for a term
Food stuff
as food would be foodstuff. Therefore food stuff is that which is taken into the system to maintain life and growth and to supply waste of tissue. If the raw foodstuff with a view to making it
Underwrite
the Standing Order in this case specifically used the expression 'underwriting and revivals' of policies in case of Life Insurance Corporation and stated that it was the Divisional Manager who was competent to underwrite policy for Rs
Wills
such real estate, unless a contrary intention shall appear by the will.' Under the old law only a life estate passed, unless words were used to show an intention to pass the fee. As to stealing wills,
Annuity
tail' are used. Testamentary annuities are prima facie considered to be payable out of income and for the life of the annuitant only, but the source and order and duration of payment depend upon the meaning and
- ‹ Prev
- 1
- 3
- 4
- 5
- 6
- Next ›
- Last »
Try the research workspace - 7 days free