QUICK ASSETS
The amount of a firms most liquid assets. They include stock, cash, accounts recievable, and securities. It is a measure of the current assets minus inventory. Refer to quick ratio.
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The amount of a firms most liquid assets. They include stock, cash, accounts recievable, and securities. It is a measure of the current assets minus inventory. Refer to quick ratio.
A company’s ability to use its near cash and quick assets to absorb liabilities.
When a company cannot share any news because it is registering a new issue.
An agreement where an insurer agrees to absorb loss at a percent rather than a specified cash amount. Refer to surplus share.
The difference between the bid and offer amount. The transaction has not yet occured. Refer to effective and realized spread.
When dealers give prices to traders who sell them. The price takes into consideration the supply and demand on the market. Refer to dealer and orderdriven market.
When a vessel, without being abandoned, is no longer under thecontrol or direction of those on board, (as where part of the crew are dead, and theremainder are physically and mentally incapable
Speedy discharge of cargo without allowance for the customs or rules of the port or for delay from the crowded state ofthe harbor or wharf. Mott v. Frost (D. C.) 47 Fed.
An “easement,” in the proper sense of the word, can only exist in respect of two adjoining pieces of land occupied by different persons, and can only impose a negative duty on
An estate pur autre vie may be granted, not only to a man and his heirs, but to a man and the heirs of hisbody, which is termed a “quasi entail;” the
In English ecclesiastical law. The living or benefice of a vicar, as a parsonage is of a parson. 1 Bl. Comm. 387, 388.
Lat. Considered as; in the character or capacity of. For example, “the trustee qua trustee [that is, in his character as trusteel is not liable,” etc.
Lat. Which [does or requires] nothing in vain. Which requires nothing to be done, that is, to no purpose. 2 Kent, Comm. 53. Quae non fieri debent, facta valent. Things which ought
To make one’s self fit or prepared to exercise a right, office, or franchise. To take the steps necessary to prepare one’s self for an office or appointment as by taking oath,
In English law. A writ which lay against a bishop who, within six months after the vacation of a benefice, conferred it on his clerk, while two others were contending at law
To overthrow ; to abate; to annul ; to make void. Spelman ; 3 Bl. Comm. 303; Crawford v. Stewart, 38 Pa. 34; Holland v. Webster, 43 Fla. 85, 29 South. 625;
A method of criminal examination heretofore in use in some of the countries of coutineutal Europe, consisting of the application of torture to the supposed criminal, by means of the rack or
In old English practice. A writ which lay for the grantee of a reversion or remainder, where the particular tenant would not attorn, for the purpose of compelling him. Termes de la
A term used in the West Indies to designate a person one of whose parents was a white person and the other a quadroon. Also spelled “quintroon.” See Daniel v. Guy, 19
etc. A writ which lay for a clerk, who, by reason of some land he had, was made, or was about to be made, bailiff, beadle, reeve, or some such ofiicer, to