Money definition: An item accepted by all as payment for debts or for goods or services. Related Terms: Sale, Money Laundering ...
A Money Bill is a Bill that deals with national taxation, public money or loans and their management. It is only considered to be a Money Bill if the Speaker of the House of Commons agrees that it is. The Speaker signs a certificate to indicate this.
COST OF MONEY - An imputed cost determined by applying a cost-of-money rate to facilities capital employed in contract performance, or to an investment in tangible and intangible assets while they are being constructed, ...
HAT MONEY, mar. law. The name of a small duty paid to the captain and mariners of a ship, usually called primage. (q. v.) ...
Postal money orders Postal money orders provide a safe alternative to sending cash through the mail, and are available in any amount up to $1000. Money orders are cashable only by the recipient, just like a bank check.
money award that the judgment of a court requires the defendant in a suit to pay to the plaintiff as compensation for the loss or injury inflicted. Damages are the form of legal redress most commonly sought.
Money paid in case of divorce to a parent who takes the custody of the child by another parent as a contribution to the costs of raising the child.
Money order Definition - Noun : an order issued by a post office, bank, or telegraph office for payment of a specified sum of money usu. at any branch of the issuing organization Search Legal Dictionary ...
Money awarded to compensate for actual losses (also called "compensatory damages"). The amount awarded is based on the proven harm, loss, or injury suffered by the plaintiff.
Money awarded by a court to a person injured by the unlawful act or negligence of another person. De novo A new. A trial de novo is a new trial of a case.
Money paid to someone who has been injured. It is intended to put them back into the same position they would have been in before the injury. Complaint A written statement by the plaintiff stating the wrongs allegedly committed by the defendant ...
Money paid to have a kidnapped person released. Rape Sex with a woman, including a wife, without her consent. See in America - statutory rape.
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. Complainant: ...
The money posted by a "bondsman" for a defendant who cannot afford his bail. The defendant pays a certain portion, usually 10%.
EAGLE money. A gold coin of the United States, of the value of ten dollars. It weighs two hundred and fifty-eight grains. Of one thousand parts, nine hundred... more EAR-WITNESS One who attests to things he has heard himself. ... more ...
Bail - money or other form of security given to gain a person's release from custody. A bail bond is one form of security.
Bail: Money or other security (such as a bail bond) provided to the court to temporarily allow a person's release from jail and assure their appearance in court. "Bail" and "bond" are often used interchangeably. ...
ESCROW - Money or documents, such as a deed or title, held by a third party until the conditions of an agreement are met. For instance, pending the completion of a real estate transaction, the deed to the property will be held "in escrow." ...
When the money has been deposited by a third party, such as a bail bondsman, the third party is called a surety. If the defendant fails to appear, he forfeits the money to the court, a situation called a bail forfeiture.
Escrow - Money or a written instrument such as a deed that, by agreement between two parties, is held by a neutral third party (held in escrow) until all conditions of the agreement are met.
DamagesMoney claimed by, or ordered to be paid to, a person as compensation for loss or injuries.
Ransom Money paid to have a kidnapped person released. Real property Immoveable property such as land or a building or an object that, though at one time a chattel, has become permanently affixed to land or a building.
Alimony: Money a court requires one spouse to pay the other spouse for support before and/or after the divorce is granted. If you do not ask for alimony at the final hearing, you can never get it in the future.
income n. money, goods or other economic benefit received. Under income ... income tax n. a tax on an individual's net income, after deductions for vari...
Purchase Money Security Interest (PMSI - pronounced "pimzee"): A security that a person takes in property, such as inventory for example, that secures payment with regard to those assets of all or part of its purchase price.
Purchase Money Mortgage A Mortgage given by the buyer to the seller as part of the purchase consideration, as opposed to a hard money mortgage.
Damages: Money payment recovered in the courts for an injury or loss caused by an unlawful act or omission or negligence of another. Decedent: A deceased person. Decision: The judgment reached or given by a court of law.
damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries. default judgement: A judgement rendered because of the defendant's failure to answer or appear.
an amount of money charged for a particular service or product supplied by the USPTO. -- see How to Pay Fees g ...
ransom 1) n. money paid to a kidnapper in demand for the release of the ... rape 1) n. the crime of sexual intercourse (with actual penetration of...
The amount of money awarded by a court or tribunal to compensate the injured party. DDA DCLD ...
damages - Money that a court orders paid to party (usually the plaintiff) who has suffered a loss by another party who caused the loss (usually the defendant).
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.
A yearly sum of money granted by one party to another in fee for life or years, charging the person of the grantor only. In a less technical sense, however, when the money is chargeable on land and on the person, it is generally called an annuity.
Banks which loan money to purchase ships, vendors who supply ships with necessaries like fuel and stores, seamen who are due wages, and many others have a lien against the ship to guarantee payment.
fine - A sum of money paid as part of a penalty of conviction for a particular criminal offense.
punitive damagesMoney awarded to an injured person, over and above the measurable value of the injury, in order to punish the person who hurt him. q quantum meruit"What he deserves". It describes the extent of liability on a contract.
Civil law differs from criminal law in that it protects the rights of individuals and legal entities to recover money damages or other compensation for the wrongs of others, while criminal law protects the rights of society at large.
TOP Accord and Satisfaction : A term of contract law by which one party, having complied with its obligation under a contract, accepts some type of compensation from the other party (usually money and of a lesser value) in lieu of enforcing the ...
Exchange of money against money of a different denomination. change of venue - The removal of a suit begun in one county or district to another county or district for trial, ...
Clayton's Case: This English case established a presumption that money withdrawn from an account is presumed to be debited against the money first deposited (first in, first out). Codicil: Written amendment or addition to an existing will.
These are as follows: Payment or receipt or contracts to pay or receive money for conveyance of voters to or from the poll, on account of any committee room beyond the number allowed by the act, ...
Sale - Transfer of ownership and possession of property from one to another for a sum of money or for other consideration. Satisfaction - The discharge of an obligation by paying a party what is due.
A contract in which an insurance company agrees to pay money to a designated beneficiary upon the death of the policy holder. In exchange, the policyholder pays a regularly scheduled fee, known as the insurance premiums.
Bond - A promise or contract to do or perform a specified act(s) or to pay a penalty for failure to perform, usually guaranteed by a "surety" who promises to pay if the "principal" defaults, or by deposit of money as a "cash bond.
Bankruptcy is a way for individuals or businesses owing more money than they can pay to either work out a plan to repay the money over time or to have their debt wiped out.
civil/criminal: civil cases typically are disputes between persons or entities (like corporations or governments) in which the remedy sought is money damages, or sometimes an order that the defendant do or refrain from doing certain acts.
withdrawal of large sums of money by a person accompanying the elder; the inclusion of additional names on an elder's bank signature card; unauthorized withdrawal of the elder's funds using the elder's ATM card; ...
A tax is not a "debt," that is, an obligation for the payment of money founded upon contract. It is an impost levied for the support of government, or for some special purpose authorized by it.
Legal Tender: All money issued by the government. Libel: A libel case consists of published material with the following criteria: (1) The material is defamatory; (2) the written statements are about someone who is identifiable and living; ...
The payment of money to the attorney as a "retainer" signifies an agreement for the attorney to act on the person's behalf and to represent the person in the legal matter that is the subject of their "contract.
Definition: Child support is money paid by one parent to the other for the purpose of providing financial support to a child or children.
Court order made so that a person who is owed money (creditor) can obtain full or part payment from a third party whom in fact owes or holds money for the debtor.
Texas, Arizona, Idaho, Louisiana, New Mexico, Nevada and Washington), the property owned by one spouse which he/she acquired: a) before marriage, b) by inheritance, c) as a gift, d) assets traceable to other separate property such as money received ...
Part 36 payments - Under the CPR, relates to payments into court in settlement of a money claim. The money claim may be all or part of the claim.
An intangible asset such as a claim to money as where A owes money to B. In such a case, the debt is a chose in action. Other forms of property are also included such as copyright in a book and a potential claim on an insurance policy.
Money, evidence of debt, evidence of ownership, and all other forms of property where the value is based upon that which the property represents other rather than its own intrinsic value (e.g., mortgages, shares of stock, bonds, notes).
Judgment debtor - One who owes money as a result of a judgment in favor of a creditor. For legal advise regarding Judgment debtor, you can contact our legal staff via phone (800) 341-2684 or email myweblawyer@aol.com .
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.
garnishment: a proceeding whereby property, money or credits of a debtor, in possession of another (the garnishee), are applied to the debts of the debtor. Most often, it involved taking part of the wages of a debtor to satisfy a debt.
See also: Law, Person, State, Court, Will
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