Legal Dictionary

Search results for: “pension fund”

  • Notice

    Legal Definition and Related Resources of Notice Meaning of Notice Any fact which would put an ordinary prudent person on inquiry. knowledge or cognizance , information , intelligence. Notice may be either actual or constructive . Actual and […]

  • Consideration

    Consideration

    In contracts consideration consists either in some right , interest , profit or benefit accruing to the one party , or some forbearance , detriment , loss or responsibility given, suffered or undertaken by the other . Something moving from one party to another, either to benefit of […]

  • Consideration

    Consideration

    In contracts consideration consists either in some right , interest , profit or benefit accruing to the one party , or some forbearance , detriment , loss or responsibility given, suffered or undertaken by the other . Something moving from one party to another, either to benefit of […]

  • Defined Benefit Plan

    Financial Definition of Defined Benefit Plan Meaning of Defined Benefit Plan A pension plan in which the sponsor agrees to make specified dollar payments to qualifying employees. The pension obligations are effectively the debt obligation of the […]

  • Failure

    Legal Definition and Related Resources of Failure Meaning of Failure Synonyms of Failure (Bankruptcy), noun commercial failure default discontinuance of business economic downfall failure to […]

  • Ira

    Individual retirement account. A pension plan with tax advantages. IRAs permit investment through intermediaries like mutual funds, insurance companies and banks, or directly in stocks and bonds through stockbrokers. (See: Keogh Plan)…

  • Capitalize

    (Provide capital), verb advance afford aid afford support aid aid with a subsidy back backup bring aid contribute extend credit favor finance fund furnish aid fur…

  • Collateral Benefits

    English Legal System: Collateral BenefitsIn the context of the English law, A Dictionary of Law provides the following legal concept of Collateral Benefits : Benefits received from a third party by the victim of a tortious injury in consequence of the injury, such as insurance money, sick pay, […]

  • Accumulations

    (1) The income of a trust fund, when reinvested as a new capital by the trustee. (2) The suspension of absolute ownership in the rents and profits of personalty, which is, in many states, limited by statute. See 1 Rev. St. N. Y. p. 773, §§ 2-4. …