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Entrepreneurial profit
Entrepreneurial profitA market derived figure that represents the amount an entrepreneur expects to receive in addition to costs; the difference between total cost and market value. RELATED TERMS-------------------------------------- Market A public place appointed by public authority, where all sorts of things necessary for the subsistence, or for the conveniences of life, are sold. Receive To receive. Voluntarily to take from another what is offered. Costs This is a term often used in judgments as in "the defendant will pay costs." When a person is condemned to "costs" it means that he has to pay all the court costs such as the fees for bringing the action, witness fees and other fees paid out by the other side in bringing the action to justice. A court can also condemn a losing party to "special costs" but this is considered punitive as it would include the other side's lawyer bill. The rule in most places is that "costs follows the event" which means that the loser pays. In most states, the court has the final say on costs and may decide not to make an order on costs. Difference A dispute, contest, disagreement, quarrel. Total Complete; containing the whole; as the total amount of an account is all the items of such account added together; total incapacity, is an absolute and complete incapacity to do a thing. A married woman is totally incapable to make a contract, because, although having intelligence, she has not legal capacity and an idiot is totally incapable to enter into a contract, because he has no will. Value Common law. This term has two different meanings. It sometimes expresses the utility of an object, and some times the power of purchasing other good with it. The first may be called value in use, the latter value in exchange. SIMILAR TERMS-------------------------------------- Entrapment The inducement, by law enforcement officers or their agents, of another person to commit a crime for the purposes of bringing charges for the commission of that artificially-provoked crime. This technique, because it involves abetting the commission of a crime, which is itself a crime, is severely curtailed under the constitutional law of many states. Entrepot A warehouse; a magazine where goods are deposited, and which are again to be removed. Entry 1) Criminal law. The unlawful breaking into a house, in order to commit a crime. 2) Estates, rights. The taking possession of lands by the legal owner. 3) Commercial law. The act of setting down the particulars of a sale, or other transaction, in a merchant's or tradesman's accouut books; such entries are, in general, prima facie evidence of the sale and delivery, and of work, done. Entry ad commune legem English law. The name of a writ which lies in favor of the reversioner, when the tenant for term of life, tenant for term of another's life, tenant by the curtesy, or tenant in dower, aliens and dies. Entry of goods Commercial law. An entry of goods at the custom-house is the submitting to the officers appointed by law, who have the collection of the customs, goods imported. into the United States, together with a statement or description of such goods, and the original invoices of the same. PREVIOUS AND NEXT TERMS-------------------------------------- Entire agreement clause A provision in a contract stating that the entire agreement between the parties is contained in that document. Tends to invalidate oral agreements as well as undated side agreements or attachments unless specifically incorporated. Such a clause doesn't prevent the parties from making subsequent changes to a contract, but any changes should be in a writing dated and signed by all parties. Entirety Entirety or Entiertie. This word denotes the whole, in contradistinction to moiety, which denotes the half part. Entity A person or legally recognized organization. Entrapment The inducement, by law enforcement officers or their agents, of another person to commit a crime for the purposes of bringing charges for the commission of that artificially-provoked crime. This technique, because it involves abetting the commission of a crime, which is itself a crime, is severely curtailed under the constitutional law of many states. Entrepot A warehouse; a magazine where goods are deposited, and which are again to be removed. Entrepreneurial profit Entry 1) Criminal law. The unlawful breaking into a house, in order to commit a crime. 2) Estates, rights. The taking possession of lands by the legal owner. 3) Commercial law. The act of setting down the particulars of a sale, or other transaction, in a merchant's or tradesman's accouut books; such entries are, in general, prima facie evidence of the sale and delivery, and of work, done. Entry ad commune legem English law. The name of a writ which lies in favor of the reversioner, when the tenant for term of life, tenant for term of another's life, tenant by the curtesy, or tenant in dower, aliens and dies. Entry of goods Commercial law. An entry of goods at the custom-house is the submitting to the officers appointed by law, who have the collection of the customs, goods imported. into the United States, together with a statement or description of such goods, and the original invoices of the same. Environment The conditions, influences, or forces which affect the desirability and value of property, as well as the effect on people's lives. Environmental protection agency (EPA) A federal agency created to permit coordinated and environment effective governmental action to preserve the quality of the environment. We thank you for using the Juridical Dictionary to search for Entrepreneurial profit. If you have a better definition for Entrepreneurial profit than the one presented here, please let us know by making use of the suggest a term option. This definition of Entrepreneurial profit may be disputed by other professionals. Our attempt is to provide easy definitions on Entrepreneurial profit and any other medical topic for the public at large.
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