Legal Dictionary

Search results for: “group of companies”

  • Liquidation

    Liquidation

    Legal Definition and Related Resources of Liquidation Meaning of Liquidation process by which the affairs of a debtor are wound up leading to the settlement of financial accounts by converting assets into cash for distribution to creditors, […]

  • Trade

    Trade

    Legal Definition and Related Resources of Trade Meaning of Trade The word has various shades of meaning but its primary one is that of commerce , the business of selling, with a view to profit , goods which the trader has either manufactured […]

  • Balance Sheet

    A several accounts. See Eyre v Hormen, 28 F. 779, 92 Cal. 580.

  • Money Market

    Money markets are for borrowing and lending money for three years or less. The securities in a money market can be U.S.government bonds, treasury bills and commercial paper from banks and companies….

  • Conglomerate

    A company that controls a group of other companies engaged in unrelated businesses. A combination in which constituent companies are not in the relationship of competitors or of buyer and seller.

  • Privatization

    Financial Definition of Privatization Meaning of Privatization The act of returning state-owned or state-run companies back to the private sector, usually by selling them. International Trade Meaning and […]

  • Privatization

    Financial Definition of Privatization Meaning of Privatization The act of returning state-owned or state-run companies back to the private sector, usually by selling them. International Trade Meaning and […]

  • Auditor

    Legal Definition and Related Resources of Auditor Meaning of Auditor One who is qualified to examine and scrutinize accounts. One who officially examines and allows as proper and lawful , or rejects as unlawful , the items of an account or […]

  • Situs

    Location, situation. As a general rule, personal property has its situs at the place of the domicile of its owner . But this is not an invariable rule; the situs of corporate shares for some purposes such as its validity is said to be the state of incorporation whereas […]

  • Capital

    Hello Hello Legal Definition and Related Resources of Capital Meaning of Capital As an adjective, means chief , principal , or of pertaining to the death penalty , punishable with death. As a noun, in commercial parlance, means the fund or the […]

  • Sister

    Legal Definition and Related Resources of Sister Meaning of Sister A woman who has both or either parent in common with another. It includes half-sister. Sister Alternative Definition A female […]

  • Gambling Policy

    A policy of life insurance issued to one as beneficiary who has no interest in the life of the insured. …

  • Dissolution

    Dissolution

    The act of putting an end to a legal relation . Thus the dissolution of a contract is the cancellation or abrogation of it by the parties themselves. The dissolution of a corporation means the termination of its existence as a body politic, either by an act of the legislature or by […]

  • Company

    Company

    An association of persons formed for the purpose of some business or undertaking carried on in the name of the association and which association has been made a legal entity by the grant of a charter or incorporating document pursuant to the statutes in that behalf. Distinguished […]

  • Brokers

    Those who are engaged for others in the negotiation of contracts relative to property, with the custody of which they have no concern. Paley, Ag. 13. See 16 Gray (Mass.) 436; 45 111. 79; 16 How. Pr. (N. Y.) 440. One who receives a commission for making a bargain for another. 6 Bing. 702. […]