Search results for: “public accounting”
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Bond
Legal Definition and Related Resources of Bond Meaning of Bond A contract under seal to pay a sum of money ; a contract under seal acknowledging a debt, present or future. This is a single bond. A double bond is one where there is a condition […]
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Loan
Call Loan Definition (in the Accounting Vocabulary) The New York State Society of Certified Public Accountants offers the following definition of Call Loan in a way that is easy for anybody to understand: Loan repayable on demand. Also known as DEMAND LOAN. Loan Definition (in the Accounting […]
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Penalty
Legal Definition and Related Resources of Penalty Meaning of Penalty A punishment . Suffering in person or property as a punishment annexed by law or judicial decision to a violation of law. Also a definite sum named in a contract , not as a […]
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Sole Proprietorship
A business owned by a single individual. The sole proprietorship pays no corporate income tax but has unlimited liability for business debts and obligations….
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Partnership
The relation subsisting between two or more persons who have contracted together to share as common owners the profits of a business carried on by all or any of them on behalf of all of them, Shumaker, Partnership, 2. Elements : The essential elements of a partnership are (1) a contract […]
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Trust
Abuse of position of trust in Law Enforcement Main Entry: Law Enforcement in the Legal Dictionary. This section provides, in the context of Law Enforcement, a partial definition of abuse of position of trust. Grammar This term is a noun. Etimology of Trust (You may find trust at the world […]
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Market
Legal Definition and Related Resources of Market Meaning of Market A public place of commercial activity where goods are bought and sold. A public time and appointed place of buying and selling; also purchase and sale. In the stock market, the […]
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Interest
Legal Definition and Related Resources of Interest Meaning of Interest In relation to being objectively concerned in something, by having a right or title to, a claim upon, or a share in. legal concern in a thing; especially right or title to […]
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Shareholder
Legal Definition and Related Resources of Shareholder Meaning of Shareholder One who owns one or more shares of capital stock of a corporation . Also one who has subscribed for a share or shares, and who is entered on the books of the […]
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Sale
Legal Definition and Related Resources of Sale Meaning of Sale The transmutation or transfer of the property in a personal chattel from one person to another for a consideration paid or agreed to be paid. state v Mitchell, 156 N.C. 659, 72 S.E. […]