PORT OF ORIGIN
A place from where a consignment has begun its carriage by sea.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A place from where a consignment has begun its carriage by sea.
The authority/ influence that is given to the individual who possesses an office or is given a position.
The antonym of ante date, ‘post date’ is any date that lies in the future.
The total amount of money which needs to be paid to any contracting party that fails to perform to the injured, or aggrieved party.
A type of trading, considered illegal, in which participants within the market arrange between themselves regarding how they are going to perform in the future.
Maintenance work that is carried out on a certain item/ machine/ building, etc. before it is actually required. Generally done so as to keep the system working in a top notch condition.
A theory which states that individual investors generally have a preferred limit of lengths when it comes to the maturity of any bond, and an investor is only liable to go out
A notice issued in order to provide the exact date on which a premium will become payable.
1.Nominalism is a legal concept that states that the amount that is due remains the same in the event of a currency appreciation or depreciation. 2.It is also a philosophical concept that
An understanding or arrangment between the employer and employee that accounts for the reimbursement of employee expenses unrelated to the business. It also refers to reimbursements that were not requested within the
A type of financial equity that requires the payment of a penalty if it is redeemed before the maturity date. This protects the holder from the income loss that is caused by
Costs that occur when product quality is not up to standard. It also results due to production imperfections and includes both internal and external costs.
An intermediary organization such as the government that facilitates transactions between the savers and borrowers. Time deposits are however not accepted. These intermediaries source their lending activities through the sale of securities
Capital goods such as machinery that are not used up during a manufacturing process and thus retain their identity and features.
Financial transaction with neither a direct nor an indirect execution to the benefit of the user. Sometimes, these transactions do not need to be registered with the Securities and Exchange Commision (SEC).
The profit realized from activities such as the sale of an asset, which is not related directly to the firm’s primary business operations.
A person who engages in investment activities but is not involved or affiliated to the SEC or other agencies. Also, a person who is not an investment broker, but is actively involved
1. General: The intention to be liable to one’s obligation according to a contract and expect the the obligee to honor the contract with performance deliverence. 2. Electronic Commerce: Be liable to
A land right which was not exercised within the statutory period. A continued use of the land will result in having to give up ownership
A latin term for ‘it is known by the company it keeps’, it is the concept that the intended meaning of an ambiguous word depends on the context in which it is