Legal Dictionary

Tag: Accouting

  • Tax

    Tax

    Legal Definition and Related Resources of Tax Meaning of Tax An impost , a tribute imposed upon the subject . A compulsory imposition by competent authority on the subjects. there can be no option on the part of the taxpayer to pay or not to pay […]

  • Profitability

    Profitability Definition (in the Accounting Vocabulary) The New York State Society of Certified Public Accountants offers the following definition of Profitability in a way that is easy for anybody to understand: The ability to earn enough INCOME to attract and hold INVESTMENT capital. […]

  • Profitability

    Profitability Definition (in the Accounting Vocabulary) The New York State Society of Certified Public Accountants offers the following definition of Profitability in a way that is easy for anybody to understand: The ability to earn enough INCOME to attract and hold INVESTMENT capital. […]

  • Copyright

    Legal Definition and Related Resources of Copyright Meaning of Copyright An incorporeal right existing in a work of art, literature, music, films, pictures, etc., in favor of the author of such work and is governed by the provisions of the […]

  • Copyright

    Legal Definition and Related Resources of Copyright Meaning of Copyright An incorporeal right existing in a work of art, literature, music, films, pictures, etc., in favor of the author of such work and is governed by the provisions of the […]

  • Monopoly

    Legal Definition and Related Resources of Monopoly Meaning of Monopoly An exclusive right , granted to few, of something which was before of common right. Charles river Bridge v warren Bridge, 11 Pet. 420, 9 L.Ed. 773. In a large sense, the term […]

  • Treasurer

    An officer of a corporation, or a government, who has the care of its money and is in charge of all receipts and disbursements. A state official whose duties include the keeping of the monies of the state and their disbursement authorized by warrants or requisitions to meet lawful claims on […]

  • 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. […]

  • Alternative Dispute Resolution

    Alternative Dispute Resolution…

  • Solvent

    One who has sufficient to pay ms debts and all obligations. Dig. 50. 16. 114. The opposite of insolvent (q. v.) …

  • Insurance

    Legal Definition and Related Resources of Insurance Meaning of Insurance Insurance is a contract of indemnity whereby for a stipulated consideration one party , called the insurer, undertakes to indemnify the other , called the insured, against […]

  • Start-Up

    Start-Up Costs Definition (in the Accounting Vocabulary)The The New York State Society of Certified Public Accountants offers the following definition of Start-Up Costs in a way that is easy for anybody to understand: (1) Costs, excluding acquisition costs, incurred to bring a new unit into […]

  • Turnover

    Financial Definition of Turnover Meaning of Turnover Mutual Funds: A measure of trading activity during the previous year, expressed as a percentage of the average total assets of the fund. A turnover ratio of 25% means that the value of trades […]

  • Gift

    A voluntary transfer of any thing made without consideration or expectation of consideration. The essential components of a valid completed gift of personal property are: competency of the donor to give the gift; voluntary intent on the part of the donor to make a gift; delivery […]

  • Limited Partnership

    A partnership formed by two or more persons having as members one or more general partners and one or more limited partners. See uniform Limited Partnership Act, §1. while civil law recog-nized limited partnerships, common law did not and limited partnership in common law […]