COST INFLATION
INFLATION that results from increased costs of production, including raw materials and labor. Higher production costs are priced into goods and services, leading labor to demand higher wages to meet the higher
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INFLATION that results from increased costs of production, including raw materials and labor. Higher production costs are priced into goods and services, leading labor to demand higher wages to meet the higher
A contra account that is used to fund EXPECTED CREDIT LOSSES. Reserves are established by deducting required amounts from operating revenues or current income, and are used when a COUNTERPARTY ceases to
A regulatory method of computing CREDIT RISK on a SWAP under the BANK FOR INTERNATIONAL SETTLEMENT
An invoice practice where credit customers ar billed daily instead of monthly.
See COSINAGE.
The name given to the statute 22 & 23 Car. II. c. 1, which provided for the punishment of assaults with intent to maim or disfigure a person. It was so named
In old English law. A word of disgrace and obloquy, pronounced on either champion, in the ancient trial by battle. proving recreant, i. e
Under the head of “creditors” are included, not alone those who have lent mon ey, but all to whom from any cause a debt is owing. Dig. 50, 16, 11.
One for which the punishment of death is pref scribed and inflicted. Walker v. State, 28 Tex. 1 App. 503. 13 S. W. 860; Ex parte Dusen.berry, 97 Mo. 504. 11 S.
One instituted and conducted for the purpose either of preventing the commission of crime, or for fixing the guilt of a crime already committed and punishing the offender; as distinguished from a
Where a person against whom a demand is made by another, in his turn makes a demand against that other, these mutual demands are called “cross-demands.” A set-off is a familiar example.
The infliction of physical pain, suffering, or death upon an animal, when not necessary for purposes of training or discipline or (in the case of death) to procure food or to release
Every one is to be believed in his own art. Dickinson v. Barber, 9 Mass. 227, 6 Am. Dec. 58.
Misconduct binds [should bind] its own authors. It is a never-failing axiom that every one is accountable only for his own delicts. Ersk. Inst 4, 1, 14.
The initial letter of the word “Codex,” used by some writers in citing the Code of Justiniau. Tayl. Civil Law, 24. It was also the letter iuscribed on the ballots by which,
A large and strong rope or chain, such as is attached to a vessel’s anchors, or the traction-rope of a street railway operated by the cable system, (Hooper v. Railway Co., 85
Other things being equal.
Successively drawing out of a box into which they have been previously put the names of the jurors on the panels annexed to the nisi prius record, and calling them over in
In old English law. A chamber, room, or apartment; a judge’s chamber ; a treasury; a chest or coffer. Also, a stipend payable from vassal to lord; an annuity.
A chancellor; a scrivener, or notary. A Janitor, or one who stood at the door of the court and was accustomed to carry out the commands of the judges.