Legal Dictionary

Search results for: “purchase price”

  • Cash Discount

    A reward for prompt payment which is a trade practice long established and recognized as not being a deduction from purchase price. Peacock Canning Co. v Commodity Credit Corp., (C.A.D. C.) 185 F.2d 894.

  • Down Payment

    Concept of Down Payment in the context of Real Property A short definition of Down Payment: Cash portion paid by a buyer from his own funds, as opposed to that portion of the purchase price which is financed.

  • Closing Costs

    The fees which must be paid in addition to the purchase price on a real estate transaction.

  • Shoplifting

    The wilful taking of possession of merchandise offered for sale in a mercantile establishment with intention of converting the same to the takers own use without paying purchase price thereof. Although at common law it is a form of larceny, it has been made a statutory offense in many […]

  • Residual Method

    A method of allocating the purchase price for the acquisition of another firm among the acquired assets….

  • Drop, The

    With the dollar roll transaction the difference between the sale price of a mortgage-backed pass-through, and its re-purchase price on a future date at a predetermined price….

  • Debit Balance

    In a customer’s margin account, that portion of the purchase price of stock, bonds or commodities that is covered by credit extended by the broker to the margin customer. (See: Margin)…

  • Stockbroker

    One who buys and sells stocks as an agent for others. His functions are much broader than that of an ordinary broker or agent employed merely as a negotiator. Frequently he is called upon to take the purchase in his own name, paying all or part of the purchase price and is entrusted with the…

  • Paper

    Money market instruments, commercial paper and other….

  • Goodwill

    The advantage or benefit which is acquired by a business, beyond the mere value of the capital, stock, funds or property employed therein, in consequence of the general public patronage and encouragement which it receives from constant or habitual customers. See Metropolitan Nat. Bank v St. […]

  • Commercial Transaction

    Hierarchical Display of Commercial transaction Trade > MarketingTrade > Trade policy > Commercial law Meaning of Commercial transaction Overview and more information about Commercial transaction For a more comprehensive understanding of Commercial transaction, see in the general part of […]

  • Right to Health

    Hierarchical Display of Right to health Law > Rights and freedoms > Social rights Meaning of Right to health Overview and more information about Right to health For a more comprehensive understanding of Right to health, see in the general part of the online platform.[rtbs name=”xxx-xxx”] […]

  • Cost

    Legal Definition and Related Resources of Cost Meaning of Cost The price paid for anything, outlay, expense. When a building contract refers to actual cost, the term is to be construed as meaning the amount which was in fact paid out for […]

  • 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 […]

  • Deduction

    Legal Definition and Related Resources of Deduction Meaning of Deduction An item subtracted from gross income to arrive at adjusted gross income or taxable income . See B. C. Cook & Son- s.Inc. v C.I.R., (C.A.5)584 F.2d53. <div […]