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Drawback

Law DraftDuces tecum

DRAWBACK - a recovery in whole or in part of duty paid on imported merchandise at the time of exportation, in the same or different form.

 


These drawbacks were felt a long time back, and to this feeling we owe two attempts at a supplementary codification which were made in the 16th century, both of which are "Liber known under the name of Liber septimus.

A drawback; a detriment. tr.v., -itÂ-ed, -itÂ-ing, -its.
To enter (a sum) on the left-hand side of an account or accounting ledger.
To charge with a debit: The bank debited my account for the overdrawn check.

See also: Answer, Law, Person, Form, Count

Law DraftDuces tecum

 
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