![]() |
||||||||||||||||
|
||||||||||||||||
|
Fictitious actions
Fictitious actionsPractice. Suits brought. on pretended rights. RELATED TERMS-------------------------------------- Practice The form, manner and order of conducting and carrying on suits or prosecutions in the courts through their various stages, according, to the principles of law, and the rules laid down by the respective courts. SIMILAR TERMS-------------------------------------- Fictitious 1) Not real; feigned: as, a fictitious - action, case, issue, name, party, payee. 2) Imaginary; unsubstancial: as, fictitious bail. 3) Not made in good faith: as, a fictitious bid. Fictitious payee Contract. A supposed person; a payee, who has no existence. Fictitious refunds scheme Preparing false documents of refunds to cover thefts of cash. A retail cashiering fraud. Fictitious sales A scheme to record sales to fictitious customers or fictitious sales to existing customers at the end of one period and reversing the transactions at the beginning of the next period. The purpose of the scheme is to inflate sales to create false profit statements or earn unwarranted bonuses. Excessive credit memos or sales cancellations at the beginning of an accounting period can be an indicator of this fraud. PREVIOUS AND NEXT TERMS-------------------------------------- Fiances of u.s. citizen A nonimmigrant alien coming to the United States to conclude a valid marriage with a U.S. citizen within ninety days after entry. Fiar Scotch law. He whose property is burdened with a life rent. Fiat Practice. An order of a judge, or of an officer, whose authority, to be signified by his signature, is necessary to authenticate the particular acts. Fiat justitia Let justice be done. Fictitious 1) Not real; feigned: as, a fictitious - action, case, issue, name, party, payee. 2) Imaginary; unsubstancial: as, fictitious bail. 3) Not made in good faith: as, a fictitious bid. Fictitious actions Fictitious payee Contract. A supposed person; a payee, who has no existence. Fictitious refunds scheme Preparing false documents of refunds to cover thefts of cash. A retail cashiering fraud. Fictitious sales A scheme to record sales to fictitious customers or fictitious sales to existing customers at the end of one period and reversing the transactions at the beginning of the next period. The purpose of the scheme is to inflate sales to create false profit statements or earn unwarranted bonuses. Excessive credit memos or sales cancellations at the beginning of an accounting period can be an indicator of this fraud. Fidei-commissary Civil law. One who has a beneficial interest in an estate, which, for a time, is committed to the faith or trust of another. This term has nearly, the same meaning as cestui que trust has in our law. Fidei-commissum Civil law. A gift which a man makes to another, through the agency of a third person, who is requested to perform the desire of the giver. For example, when a testator writes, "I institute for my heir, Lucius Titius," he may add, "I pray my heir, Lucius Titius, to deliver, as soon as he shall be able, my succession to Caius Seius: cum igitur aliquis scripserit Lucius Tilius heres esto; potest ajicere, rogo te Luci Titi, ut cum poteris hereditatem meam adire, eam Caio Sceio reddas, restituas. We thank you for using the Juridical Dictionary to search for Fictitious actions. If you have a better definition for Fictitious actions than the one presented here, please let us know by making use of the suggest a term option. This definition of Fictitious actions may be disputed by other professionals. Our attempt is to provide easy definitions on Fictitious actions and any other medical topic for the public at large.
|
|||||||||||||||
| © Juridical Dictionary 2005. All rights reserved. | ||||||||||||||||