ACCUMULATED SURPLUS
The fund resulting in the undistributed earnings and profits from a corporation or company that is in excess of its capital stock.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
The fund resulting in the undistributed earnings and profits from a corporation or company that is in excess of its capital stock.
The procedure that will be carried out when there is not enough money in an estate to fulfil all debts and bequests.
the jurisdiction that is limited just to one area but can be effected in several different places.
This situation can arise when a charitable gift is applied as near as is possible to the original wishes of the donor.
the agency that happens where there is an agreement between the agent and the principal.
This term applies to before birth and is the same as prenatal.
Illegally interfering with another person’s enjoyment and using their property. Doing an unlawful wrong to a person when the wrong can be corrected by the wrong doer.
a series of books that are printed and contains annotations of cases that have been important to American Law. These reports are often referred to by attorneys in law suits.
The artificial or spontaneous termination of a pregnancy before the embryo or foetus can survive on its own outside a woman’s uterus.
Giving something up or to renounce.
This any judgement that permits satisfaction in any of several ways.
Where the court will accept a guilty plea in a criminal case.
A lawsuit, or a matter. Also known as a love relationship that is usually not marital.
a statement in a will that authorises the performance of a post mortem examination.
the agreement of one person who will pay the debts of another person.
Latin for before death. These terms are used to describe a statement that is made before you die.
Being in expectation. An estate will be in abeyance when there is no one to claim it. The law does anticipate that the heir will be found and the estate will ne
This term is used to describe a person who assaults another person.
the statement of mistakes that have supposedly been made during a trial in a lower court. These errors are used to take the case to a higher court.
Able to increase, such as to gain interest that is then added to the original capital.