Value Received - Law Dictionary Search Results
Out-of-pocket rule
recover from the seller as damages the difference between the amount paid for the property and the actual value received, Black's Law Dictionary, 7th Edn., p. 1128.
Profit
Acquisition beyond expenditure excess of value received for producing keeping or selling over cost hence pecuniary gain in any transaction or occupation emolument as a
Scrip
v. Metropolitan Bank, (1877) 2 QBD 194. 1. A document that entitles the holder to receive something of value 2. Paper money issued for temporary use, Black's Law dictionary, 7th Edn., p. 1349. … Cas 476; Rumball v. Metropolitan Bank, (1877) 2 QBD 194. 1. A document that entitles the holder to receive something of value 2. Paper money issued for temporary use, Black's Law dictionary, 7th Edn., p. 1349.
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Accommodation party to a Bill
to a Bill, is a person who has signed a bill as drawer, acceptor, or indorser, without receiving value therefor and for the purpose of lending his name to some other person, Halsbury's Laws of England, Vol. … party to a Bill, is a person who has signed a bill as drawer, acceptor, or indorser, without receiving value therefor and for the purpose of lending his name to some other person, Halsbury's Laws of England,
duration
duration the number of years it will take to receive the present value of all future payments on a security to include both principal and interest. Source: U.S. Department of Housing … duration the number of years it will take to receive the present value of all future payments on a security to include both principal and interest. Source: U.S.
first in, first out
first in, first out : being or relating to a method of valuing inventories by which items in the lot first received are assumed to be issued or sold first and
fraudulent transfer
debtor's property made with intent to defraud or for which the debtor receives less than the transferred property's value. Source: Administrative Office of the U.S. Courts … fraudulent transfer A transfer of a debtor's property made with intent to defraud or for which the debtor receives less than the transferred property's value. Source: Administrative Office of the U.S. Courts
gross receipts
gross receipts : the total amount of value in money or other consideration received by a taxpayer in a given period for goods sold or services
last in, first out
last in, first out : being or relating to a method of valuing inventories by which items from the last lot received are assumed to be sold first and all requisitions
stock appreciation right
right : a form of deferred compensation that allows an employee to receive as a bonus the cash value of the appreciation of stock over a period of years and that defers taxation until paid … stock appreciation right : a form of deferred compensation that allows an employee to receive as a bonus the cash value of the appreciation of stock over a period of years and that
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