Juridical Dictionary

This dictionary contains:
8526
juridical terms

Margin payment






Margin payment

Margin payment means, for purposes of the forward contract provisions of this title, payment or deposit of cash, a security or other property, that is commonly known in the forward contract trade as original margin, initial margin, maintenance margin, or variation margin, including mark-to-market payments, or variation payments.

RELATED TERMS
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Margin
The portion of the agency's markup that is left after the agency pays mandatory external expenses (if any) such as payroll taxes and discounts required by the client. An agency's margin covers the agency's internal expenses (staff, rent, insurance, etc.) plus profit.

Payment
1) Contracts. That which is given to execute what has been promised; or it is the fulfilment of a promise. Solvere dicimus cum quis fecit, quod facere promisit. But though this is the general acceptation of the word, yet by payment is understood, every way by which the creditor is satisfied or ought to be, and the debtor, liberated for example, an accord and satisfaction will operate as a payment. 2) Pleadings. The name of a plea by which the defendant alleges that he has paid the debt claimed in the declaration; this plea must conclude to the country.

Contract
A negotiated oral or written agreement setting forth the terms for an exchange of value between parties (which may be individuals or companies) and under which each party promises to perform an obligation. Certain terms, such as the obligations to be performed and the terms for setting price or compensation must be mutually understood, known in legal lingo as a "meeting of the minds," and promised to by the parties to form a legal contract.

Provisions
Food for man; victuals.

Title
1) Estates. A title is defined by Lord Coke to be the means whereby the owner of lands hath the just possession of his property. 2) Legislation That part of an act of the legislature by which it is known, and distinguished from other acts the name of the act. 3) Rights. The name of a newwpaper a book, and the like.

Cash
Commerce. Money on hand, which a merchant, trader or other person has to do business with.

Security
That which renders a matter sure; an instrument which renders certain the performance of a contract. The term is also sometimes applied to designate a person who becomes the surety for another, or who engages himself for the performance of another's contract.

Property
Property is commonly thought of as a thing which belongs to someone and over which a person has total control. But, legally, it is more properly defined as a collection of legal rights over a thing. These rights are usually total and fully enforceable by the state or the owner against others. It has been said that "property and law were born and die together. Before laws were made there was no property. Take away laws and property ceases." before laws were written and enforced, property had no relevance. Possession was all that mattered. There are many classifications of property, the most common being between real property or immoveable property (real estate such as land or buildings) and "chattel", or "moveable" (things which are not attached to the land such as a bicycle, a car or a hammer) and between public (property belonging to everybody or to the state) and private property.

Trade
In its most extensive signification this word includes all sorts of dealings by way of Bale or exchange. In a more limited sense it signifies the dealings in a particular business, as the India trade; by trade is also understood the business of a particular mechanic, hence boys are said to be put apprentices to learn a trade, as the trade of a carpenter, shoemaker, and the like.

Original
Contracts, practice, evidence. An authentic instrument of something, and which is to serve as a model or example to be copied or imitated. It also means first, or not deriving any authority from any other source as, original jurisdiction, original writ, original bill, and the like .

Initial
Placed at the beginning.

Maintenance
1) Crimes. A malicious, or at least, officious interference in a suit in which the offender has no interest, to assist one of the parties to it against the other, with money or advice to prosecute or defend the action, without any authority of law. 2) Quasi contracts. The support which one person, who is bound by law to do so, gives to another for his living; for example, a father is bound to find maintenance for his children; and a child is required by law to main-tain his father or mother when they cannot support themselves, and he has ability to maintain them.



SIMILAR TERMS
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Margin
The portion of the agency's markup that is left after the agency pays mandatory external expenses (if any) such as payroll taxes and discounts required by the client. An agency's margin covers the agency's internal expenses (staff, rent, insurance, etc.) plus profit.



PREVIOUS AND NEXT TERMS
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Marc-banco
The name of a coin. The marc-banco of Hamburg, as money of account, at the custom-house, is deemed and taken to be of the value of thirty-five cents.

Marches
English law. This word signifies the limits, or confines, or borders. It was applied to the limits between England and Wales or Scotland. In Scotland the term marches is applied to the boundaries between private properties.

Maretum
Marshy ground overflowed by the sea or great rivers.

Mareva injunction
An injunction issued by the courts of the United Kingdom and other British Commonwealth countries, on the motion of a plaintiff at the beginning of or during a suit, enjoining the defendant from removing from the jurisdiction, and/or from dealing with, specified assets (real or personal, moveable or immoveable), in cases where it appears to the court that without the grant of such an injunction, the plaintiff's recovery on his claim will be jeopardized.

Margin
The portion of the agency's markup that is left after the agency pays mandatory external expenses (if any) such as payroll taxes and discounts required by the client. An agency's margin covers the agency's internal expenses (staff, rent, insurance, etc.) plus profit.

Margin payment

Marinarius
An ancient word which signified a mariner or seaman; in England marinarius capitaneus, was the admiral or warden of the ports.

Marine
Whatever concerns the navigation of the sea, and forms the naval power of a nation is called its marine.

Marine and shipping law unit
A research centre specializing in maritime law and the international law of the sea, operating at the T.C. Beirne School of Law, University of Queensland, Australia.

Marine contract
One which relates to business done or transacted upon the sea and in sea ports, and over which the courts of admiralty have jurisdiction concurrent with the courts of common law; such contracts include according to civilians and jurists among other things, charter parties, affreightments, marine hypothecations, contracts for the marine service in the building, re-pairing, supplying and navigating ships; contracts and quasi contracts respec- ting averages, contributions and jettisons, and policies of insurance.

Marine insurance
Contracts. A contract by which one party, for a stipulated premium, undertakes to indemnify the other, against all perils or sea risks, to which his ship; freight or cargo, or some of them, may be exposed, during a certain voyage or fixed period of time.

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This dictionary contains 8526 terms.