Costs

Costs
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COSTS, a term used in English law to denote the expenses incurred (I) in employing a lawyer in his professional capacity for purposes other than litigation; ...

Costs, Legal
Related Category: Legal Terms and Concepts
see damages.
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Costs: An amount of money awarded to the successful party (and recoverable from the losing party) solely as reimbursement for certain of the expenses in prosecuting or defending a suit.

Costs
It is a short term for court costs, this is the amount of money required by the court to pay to their officers and meet their day to day expenses.
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Closing Costs
All settlement or transaction charges (above and beyond the actual cost of the property) that home buyers (or sellers) need to pay at the close of escrow when the property is transferred.

COSTS - The expenses of a suit or action which may be recovered by law from the losing party. Such allowable costs are often defined by statute or by a court's rules, and, under the American Rule, in most cases they do not include attorney fees.

"Special costs, or solicitor-and-client costs are ... awarded when a court seeks to dissociate itself from some misconduct. Because the court is expressing its disapproval, the award must go beyond mere indemnity and enters the realm of punishment." ...

CostsA money award made by a court or tribunal for expenses in bringing or defending a legal proceeding or a step in a proceeding.

Costs: The money spent during a court case on the services of lawyers, court fees and other expenses. The loser in a civil court case normally has to pay the costs of both sides.
Counsel: Another word for a barrister.

costsAn allowance for expenses in prosecuting or defending a suit. Ordinarily this does not include attorney fees.
counterclaimA claim presented by a defendant in a civil proceeding in opposition to the claim of a plaintiff.

Costs
Expenses incurred in the prosecution of a lawsuit, including filing fees, deposition expenses and witness fees.
Counterclaim
A claim filed by the defendant against a plaintiff as part of defendant's response to a lawsuit.

costs: The statutory sum awarded to the successful party when a judgment is entered. (Section 1901 all Court Acts.)
counsel: Lawyer or attorney.

Costs: Expenses in prosecuting or defending a case in court. Usually does not include attorney's fees.
Count: The different parts of a complaint, which could each be a basis or grounds for the lawsuit.

Costs - Fees required in the course of a law suit, beginning with the docketing or filing fee, and may include service fees, witness fees, publication fees, etc. Does not include attorney fees.

costs: (1) Fees and charges that a party pays to file and present a court case or to enforce a judgment;
(2) money won in a civil suit to pay for expenses.

COSTS : A pecuniary allowance made to the successful party for his/her expenses in prosecuting or defending a suit. Ordinarily does not include attorney fees.
COUNSEL : A lawyer or group of lawyers.

costs An amount of money payable to the prevailing party by the losing party for the expense of prosecuting or defending the action; sometimes includes attorney's fees. Costs are said to be awarded to or recovered by the prevailing party.

Costs - This is a term often used in judgments as in "the defendant will pay costs.

costs
n. shorthand for court costs.
cotenancy
n. the situation when more than one person has an interest in real property at the same time, which may include tenancy in common, joint tenancy or tenancy by the entirety.

Costs
"costs" or 'legal costs' are a reference to the professional fees and outlays (also called disbursements) that are involved in pursuing (or defending) a personal injury claim.

Costs
Generally, a financial payment made to the successful party to a lawsuit, recoverable from the losing party.

fixed costs Business costs that do not vary with sales volume
forecasting The calculation of reasonable probabilities about a business' financial future ...

Term: Costs
Definition: Expenses incurred in the prosecution of a lawsuit, including filing fees, deposition expenses and witness fees.

Court costs -The expenses of prosecuting or defending a lawsuit, other than the attorney fees. An amount of money may be awarded to the successful party (and may be recoverable from the losing party) as reimbursement for court costs.

Court costs
The fees charged for the use of a court, including the initial filing fee, fees for serving the summons, complaint and other court papers, fees to pay a court reporter to transcribe deposition and in-court testimony and, ...

TAXING COSTS, practice. The act by which it is ascertained to what costs a party is entitled.

Legal costs
In addition to damages, the successful party is entitled to be awarded his reasonable legal costs that he spent during the case. This is the rule in most countries other than the United States.

Costs
The legal and other expenses in taking a matter to court.
Costs Judge (previously Taxing Master) ...

tax costs
n. a motion to contest a claim for court costs submitted by a pre...
Tax Court
n. a federal agency with courts in major cities which hear taxpay...

The costs associated with the actual transfer of title for money or other consideration.
Closing Date
This is the date that all parties consummate the deal (real estate transaction) and it is usually done by a title company.

The costs (q.v.) of a court action which a court can order to be paid by one party (q.v.) to the other party. See: lawyer-client costs.
See lawyer-client costs.
pecuniary ...

Security for costs
Definition
: security sometimes required of a party to litigation in order to assure payment of expenses
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Security for costs - Where a claimant neither resides nor carries on business in a state that is party to the Brussels Convention, the Comptroller can, in many proceedings, require them to give security for costs, ...

Costs Costs in most jurisdiction include filing fees; costs of serving papers on the other side; court reporters' fees for attending and transcribing hearings, depositions, and trial proceedings; and very little else.

Disbursement Miscellaneous expenses other than lawyer fees and court costs (i.e. filing fees) which paid on behalf of another person and for which reimbursement will eventually be demanded of that person.

Costs: The legal expenses of an action, such as lawyers' fees, witness expenses and other fees paid out in bringing the matter to court.

To assess, adjust, fix, determine: as, to tax the items and the amount of the costs in a case. Whence re-tax. 2, n. A charge, a pecuniary burden, for the support of government. United States v. Baltimore & Ohio R. Co., 17 Wall.

special damages Damages that cover the winning party's out-of-pocket costs. For example, in a vehicle accident, special damages typically include medical expenses, car repair costs, rental car fees and lost wages. Often called "specials.

Describes permission given to a poor person (i.e. indigent) to proceed without liability for court fees or costs.
information - An accusation exhibited against a person for some criminal offense, without an indictment.

diagnoses, prognoses, and treatments will establish what specific injuries have been sustained, will show what the long-term expectations are either for recovery from the injuries or for permanent disability, and will specify the types and costs of ...

Labour law arose due to the demands of workers for better conditions and the right to organise, and the simultaneous demands of employers to restrict the powers of workers' organisations and keep labour costs low.

The costs of capital improvements are added to the original basis (which is normally the price the owner paid for the asset). The costs of damage or deprecation are subtracted from the original basis.

activity based cost accounting - an accrual-based accounting method for determining unit-based costs of delivering services by allocating the costs to budgetary resources; ...

the area of law that deals with planning for the inevitability of death, such as obtaining life insurance to pay for the costs of a funeral, preparing a simple Will, and other preparations.

MPs can claim allowances to cover, for example, staff costs, travel expenses and the cost of running an office. Members of the Lords are entitled to claim the repayment of allowances incurred in attending the House of Lords.

The PCT system offers an advantageous route for international patent protection with reduced costs. There are currently 96 signatories to this treaty. Contracting states may file an international application designating member states.

an amount owed to the ship owner if the charterer of a vessel is delayed beyond the agreed upon time frame. Holding the vessel for the charterer costs the ship owner money so this concept exists to reimburse the ship owner for the costs of the delay.

Capital gains: Profits from the sale of capital assets in excess of costs and values. Such gains are subject to special taxation, as specified by tax laws.
Capital investment: Moneys spent to increase the worth of an asset.

Appeal Bond - A guaranty by the appealing party insuring that court costs will be paid.
Appearance - The act of coming into court as a party to a suit either in person or through an legal-law123hotlegaltopics.com"attorney.

COMPENSATORY DAMAGES: Money awarded to reimburse actual costs, such as medical bills and lost wages. Also awarded for things that are harder to measure, such as pain and suffering.

RESPA (Real Estate Settlement Procedures Act)
A federal statute requiring disclosure of certain costs in the sale of residential improved property which is to be financed by a federally insured lender.

Entrepreneurial Profit: A market - derived figure that represents the amount an entrepreneur expects to receive in addition to costs; the difference between total cost and market value.

REDEMPTION
n. the act of redeeming, buying back property by paying off a loan, interest and any costs of foreclosure.

Transitional Child Care: A welfare program by which welfare recipients who stop receiving AFDC due to employment, but who can't afford to pay childcare costs, receive subsidized childcare assistance, usually for one year.

The date on which parties agree that certain financial adjustments will be made to a contract. For example, on the sale of property, there is an adjustment date set which is the time for the costs, such as property taxes, water, etc.

CLOSING: In a real estate transaction, this is the final exchange in which the deed is delivered to the buyer, the title is transferred, and the agreed-on costs are paid.

These are the payments made on your behalf by your solicitor/barrister for fees other than the solicitor's/barrister's own Basic Charges. These include, but are not limited to court fees, accident report fees, expert witness costs, ...

accord and satisfaction - An agreement to settle a contract dispute where the creditor accepts less than what is due under the contract. The creditor accepts less as a means of reducing its losses on a bad contract by saving the costs the ...

Gangs affect society at all levels, causing heightened fears for safety, violence, and economic costs (2005 National Gang Threat Assessment, National Alliance of Gang Investigators Associations, 2005).

(press release)Going to court and participating in commercial or employment litigation can be a overwhelming for any business owner, manager or executive. The legal fees, protracted time and emotional drain involved in litigation are the high costs ...

See also: Law, Time, Information, Court, Person