Juridical Dictionary

This dictionary contains:
8526
juridical terms

Mark up




Mark up

The difference between what the agency or broker pays the writer and the amount the agency bills the client for the writer's work. Usually calculated as a certain percentage of the writer's billing rate or fee. The markup covers all of the agency's costs and profits.

RELATED TERMS
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Difference
A dispute, contest, disagreement, quarrel.

Pays
The country. Trial per pays, is a trial by the country; that is, by jury.

Client
Practice. One who employs and retains an attorney or counsellor to manage or defend a suit or action in which he is a party, or to advise him about some legal matters.

Rate
A public valuation or assessment of every man's estate; or the ascertaining how much tax every one shall pay.

Fee
1) Feudal law. An allotment of land in consideration of military service; land held of a superior, on condition of rendering him service, the ultimate property remaining in him. Oppossed to allodium. 2) An estate of inheritance - the highest and most extensive interest a man can have in a feud.

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.

Profits
In general, by this term is understood the benefit which a man derives from a thing. It is more particularly applied to such benefit as arises from his labor and skill.



SIMILAR TERMS
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Mark
This term has several acceptations: 1) It is a sign traced on paper or parchment, which stands in the place of a signature, usually made by persons who cannot write. 2) It is the sign, writing or ticket put upon manufactured goods to distinguish them from others.3) Mark or marc, denotes a weight used in several parts of Europe, and for several commodities, especially gold and silver. When gold and silver are sold by the mark, it is divided into twenty-four carats. 4) Mark is also in England a money of accounts, and in some other countries a coin.

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.

Market overt
English law. Market overt is an open or public market; that is, a place appointed by law or custom for the sale of goods and chattels at stated times in public.

Marketable title
A title not subject to reasonable doubt or suspicion of invalidity in the mind of a reasonable and intelligent person: one which a prudent person guided by competent legal advice would be willing to accept and purchase at market value.



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Maritime lien
A secured claim against a ship (and sometimes against cargo or bunkers) in respect of services provided to the vessel or damages done by it. A maritime lien is a substantive right in the property of another, derived from the general maritime law (supra) and rooted in the civil law concept of a "privilège". It arises without notice, registration or other formalities, at the time the services are rendered or the damages are done. Unlike a common law possessory lien (infra), it does not depend for its existence on the possession of the res by the creditor. It travels with the ship, so as to encumber the title of subsequent owners or possessors and survives the conventional sale of the vessel. It remains inchoate from the moment it attaches, until it is enforced by an action in rem, when it relates back to the time it first attached. In the U.K. and British Commonwealth countries, it ranks after special legislative rights (infra), the costs of arrest and sale and custodia legis expenses (supra) and before ship mortgages (infra) and statutory rights in rem (infra).

Maritime loan
A contract or agreement by which one, who is the lender, lends to another, who is the borrower, a certain sum of money, upon condition that if the thing upon which the loan has been made, should be lost by any peril of the sea, or vis major, the lender shall not be repaid, unless what remains shall be equal to the sum borrowed; and if the thing arrive in safety, or in case it shall not have been injured, but by its own defects or the fault of the master or mariners, the borrower shall be bound to return the sum borrowed, together with a certain sum agreed upon as the price of the hazard incurred.

Maritime london
An organization promoting London as the world's premier maritime centre. Its website features news, information and links to various maritime organizations in the United Kingdom.

Maritime profit
Maritime law. The French writers use the term maritime profit to signify any profit derived from a maritime lean.

Mark
This term has several acceptations: 1) It is a sign traced on paper or parchment, which stands in the place of a signature, usually made by persons who cannot write. 2) It is the sign, writing or ticket put upon manufactured goods to distinguish them from others.3) Mark or marc, denotes a weight used in several parts of Europe, and for several commodities, especially gold and silver. When gold and silver are sold by the mark, it is divided into twenty-four carats. 4) Mark is also in England a money of accounts, and in some other countries a coin.

Mark up

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.

Market overt
English law. Market overt is an open or public market; that is, a place appointed by law or custom for the sale of goods and chattels at stated times in public.

Marketable title
A title not subject to reasonable doubt or suspicion of invalidity in the mind of a reasonable and intelligent person: one which a prudent person guided by competent legal advice would be willing to accept and purchase at market value.

Marlebridge, statute of
The name of a statute passed the 52 Hen. III, so called because it was enacted at Marlebridge.

Marque and reprisal
The name given to a commission granted by the supreme power of a state to a private person for the purpose of seizing the property of a foreign state or its subjects. Wheat.

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This dictionary contains 8526 terms.







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