Tag: Financial Law
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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. […]
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Debt
Legal Definition and Related Resources of Debt Meaning of Debt That which is due from one person to another, whether money , goods or services; that which one person is bound to pay or perform for another. Garsson v American Diesel Engine Corp., […]
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Marketing
Marketing Definition (in the Accounting Vocabulary) The New York State Society of Certified Public Accountants offers the following definition of Marketing in a way that is easy for anybody to understand: Moving goods and services from the provider to consumer. Resources Legal English […]
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Share
Legal Definition and Related Resources of Share Meaning of Share A portion of anything owned in common by several persons. In relation to corporations, it is a definite fractional part of the capital of the corporation conferring upon the holder […]
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Account
English Legal System: Account In the context of the English law, A Dictionary of Law provides the following legal concept of Account : A right at common law and later (more importantly) in equity, requiring one party to a relationship (e.g. a partnership) to account to the other or others for […]
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World Bank
Financial Definition of World Bank Meaning of World Bank A multilateral development finance agency created by the 1944 Bretton Woods, New Hampshire negotiations. It makes loans to developing countries for social overhead capital projects, which […]
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Merger
Legal Definition and Related Resources of Merger Meaning of Merger In relation to corporations, the term denotes the amalgamation of two corporations to form a new one. The absorption of one corporation by another, which retains its name and […]
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Budget
Financial Definition of Budget Meaning of Budget A detailed schedule of financial activity, such as an advertising budget, a sales budget, or a capital budget. Synonyms of Budget […]
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Treasury Bill
Treasury Bill Definition (in the Accounting Vocabulary)The The New York State Society of Certified Public Accountants offers the following definition of Treasury Bill in a way that is easy for anybody to understand: Short-term obligation that bears no INTEREST and is sold at a discount.