COST OF CARRY
The FUTURE VALUE of costs and benefits associated with holding an ASSET, which typically includes the cost of financing, INSURANCE, transportation and/or storage, less benefits derived from lending the asset and any
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
The FUTURE VALUE of costs and benefits associated with holding an ASSET, which typically includes the cost of financing, INSURANCE, transportation and/or storage, less benefits derived from lending the asset and any
A CORPORATE FINANCE transaction where an investor group or acquiring company gradually purchases the COMMON STOCK of a target company. Once a specified block has been accumulated a formal TENDER OFFER is
A current measure of the return on a COUPONbearing FIXED INCOME security, generally computed as: where C is the coupon, and P is the purchase price of the security. See also BOND
The machine cycles per minute that do not necessarily represent its speed.
The body of the canon law. A compilation of the canon law, comprising the decrees and canons of the Roman Church, constituting the body of ecclesiastical law of that church
Gratuitous labor exacted from the villages or communities, especially for repairing roads, constructing bridges, etc. State v. Covington, 125 N. C. 641, 34 S. E. 272.
Joint sureties; two or more sureties to the same obligation
An assembly of persons for the purpose of concerting measures of state or municipal policy; hence called “councillors.”
An affidavit made and presented in contradiction or opposition to an affidavit which is made the basis or support of a motion or application TLD Example: The attorney prepared a stinging rebuttal to
See EQUITY
Promissory notes with coupons attached, the coupons being notes for interest written at the bottom of the principal note, and designed to be cut off severally and presented for payment as they
Ecclesiastical courts, in which the primates once exercised in person a considerable part of their jurisdiction. They seein to be now obsolete, or at least to be only used on the rare
In English law. The court of the lord mayor and aldermen of London, which has the care of those orphans whose parent died in London and was free of the city. In
(Otherwise spelled “Coustumier” or “Coutumier.”) In old French law. A collection of customs, unwritten laws, and forms of procedure. Two such volumes are of especial importance in juridical history, viz., the Grand
Covered, protected, sheltered. A pound covert is one that is close or covered over, as distinguished from pound overt, p which is open overhead. Co. Litt. 47b; 3 Bl. U Comm. 12.
We create. One of the words by which a corporation in England was formerly created by the king. 1 Bl. Comm. 473.
In maritime law. Such little inlets of the sea, whether within the precinct or extent of a port or without, as are narrow passages, and have shore on either side of them.
The offense of buggery or I sodomy. State v. Vicknair, 52 La. Ann. 1921, 28 South. 273; busman v. Veal. 10 Ind. 355, 71 Am. Dec. 331 ; People v. Williams, 59
This term is used, in distinction or opposition to the word “civiliter,” civilly, to distinguish a criminal liability or prosecution from a civil one.
The sovereign power in a monarchy, especially in relation to the punishment of crimes. “Felony is an offense of the crown.” Finch, Law, b. 1, c. 16. An ornamental badge of regal