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| This dictionary contains: 8526 juridical terms |
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Prompt payment discount
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Prompt payment discountAn incentive for early payment on a "Net Days" basis. For example, if company policy is to pay contractors on a "Net 90" basis, the company will pay within 30 days in return for a percentage discount, such as 2% of the total amount due.
RELATED TERMS--------------------------------------
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.
Example
An example is a case put to illustrate a. principle.
Company
An association of a number of individuals for the purpose of carrying on some legitimate business.
Will
A will is a legal document in which a person directs how his property is to be distributed after his death. Such documents must be executed in due form and must be duly witnessed.
Return
Contracts, remedies. Persons who are beyond the sea are exempted from the operation of the statute of limitations of Pennsylvania, and of other states, till after a certain time has elapsed after their returning.
Discount
Practice. A set off, or defalcation in an action.
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.
Due
What ought to be paid; what may be demanded.
SIMILAR TERMS--------------------------------------
Promatertera
Great maternal aunt; the sister of one's grandmother.
Promise
Contracts. An engagement by which the promisor contracts towards another to perform or do something to the advantage of the latter.
Promise of marriage
A contract mutually entered into by a man and a woman capable of contracting matrimony, that they will marry each other.
Promisee
A person to whom a promise has been made.
Promises
Evidence. When a defendant has been arrested, he is frequently in duced to make confessions in consequence of promises made to him, that if he will tell the truth, he will be either discharged or favored: in such a case evidence of the confession cannot be received, because being obtained by the flattery of hope, it comes in so questionable a shape, when it is to be considered evidence of guilt, that no credit ought to be given to it. This is the principle, but what amounts to a promise is not so easily defined.
Promisor
One who makes a promise.
Promisory note
Contracts. A written promise to pay a certain sum of money, at a future time, unconditionally.
Promissory estoppel
A promise which estops the promisee from asserting or taking certain action.
Promissory note
An unconditional, written and signed promise to pay a certain amount of money, on demand or at a certain defined date in the future. Contrary to a bill of exchange, a promissory note is not drawn on any third party holding the payor's money; it is a direct promise from the payor to the payee.
Promoters
In the English law, are those who in popular or penal actions prosecute in. their own names and the king's, having part of the fines and penalties.
Promulgation
The order given to cause a law to be executed, and to make it public it differs from publication.
Promutuum
civil law. A quasi contract, by which he who receives a certain sum of money, or a certain quantity of fungible things, which have been paid to him through mistake, contracts towards the payer the obligation of returning him as much.
PREVIOUS AND NEXT TERMS--------------------------------------
Promisor
One who makes a promise.
Promisory note
Contracts. A written promise to pay a certain sum of money, at a future time, unconditionally.
Promissory estoppel
A promise which estops the promisee from asserting or taking certain action.
Promissory note
An unconditional, written and signed promise to pay a certain amount of money, on demand or at a certain defined date in the future. Contrary to a bill of exchange, a promissory note is not drawn on any third party holding the payor's money; it is a direct promise from the payor to the payee.
Promoters
In the English law, are those who in popular or penal actions prosecute in. their own names and the king's, having part of the fines and penalties.
Prompt payment discount
Promulgation
The order given to cause a law to be executed, and to make it public it differs from publication.
Promutuum
civil law. A quasi contract, by which he who receives a certain sum of money, or a certain quantity of fungible things, which have been paid to him through mistake, contracts towards the payer the obligation of returning him as much.
Pronepos
Great Grandson.
Pronotary
An ancient word which signifies first notary. The same as prothonotary.
Pronurus
The wife of a great grandson.
RELATED TERMS--------------------------------------
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.
Example
An example is a case put to illustrate a. principle.
Company
An association of a number of individuals for the purpose of carrying on some legitimate business.
Will
A will is a legal document in which a person directs how his property is to be distributed after his death. Such documents must be executed in due form and must be duly witnessed.
Return
Contracts, remedies. Persons who are beyond the sea are exempted from the operation of the statute of limitations of Pennsylvania, and of other states, till after a certain time has elapsed after their returning.
Discount
Practice. A set off, or defalcation in an action.
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.
Due
What ought to be paid; what may be demanded.
SIMILAR TERMS--------------------------------------
Promatertera
Great maternal aunt; the sister of one's grandmother.
Promise
Contracts. An engagement by which the promisor contracts towards another to perform or do something to the advantage of the latter.
Promise of marriage
A contract mutually entered into by a man and a woman capable of contracting matrimony, that they will marry each other.
Promisee
A person to whom a promise has been made.
Promises
Evidence. When a defendant has been arrested, he is frequently in duced to make confessions in consequence of promises made to him, that if he will tell the truth, he will be either discharged or favored: in such a case evidence of the confession cannot be received, because being obtained by the flattery of hope, it comes in so questionable a shape, when it is to be considered evidence of guilt, that no credit ought to be given to it. This is the principle, but what amounts to a promise is not so easily defined.
Promisor
One who makes a promise.
Promisory note
Contracts. A written promise to pay a certain sum of money, at a future time, unconditionally.
Promissory estoppel
A promise which estops the promisee from asserting or taking certain action.
Promissory note
An unconditional, written and signed promise to pay a certain amount of money, on demand or at a certain defined date in the future. Contrary to a bill of exchange, a promissory note is not drawn on any third party holding the payor's money; it is a direct promise from the payor to the payee.
Promoters
In the English law, are those who in popular or penal actions prosecute in. their own names and the king's, having part of the fines and penalties.
Promulgation
The order given to cause a law to be executed, and to make it public it differs from publication.
Promutuum
civil law. A quasi contract, by which he who receives a certain sum of money, or a certain quantity of fungible things, which have been paid to him through mistake, contracts towards the payer the obligation of returning him as much.
PREVIOUS AND NEXT TERMS--------------------------------------
Promisor
One who makes a promise.
Promisory note
Contracts. A written promise to pay a certain sum of money, at a future time, unconditionally.
Promissory estoppel
A promise which estops the promisee from asserting or taking certain action.
Promissory note
An unconditional, written and signed promise to pay a certain amount of money, on demand or at a certain defined date in the future. Contrary to a bill of exchange, a promissory note is not drawn on any third party holding the payor's money; it is a direct promise from the payor to the payee.
Promoters
In the English law, are those who in popular or penal actions prosecute in. their own names and the king's, having part of the fines and penalties.
Prompt payment discount
Promulgation
The order given to cause a law to be executed, and to make it public it differs from publication.
Promutuum
civil law. A quasi contract, by which he who receives a certain sum of money, or a certain quantity of fungible things, which have been paid to him through mistake, contracts towards the payer the obligation of returning him as much.
Pronepos
Great Grandson.
Pronotary
An ancient word which signifies first notary. The same as prothonotary.
Pronurus
The wife of a great grandson.
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This dictionary contains 8526 terms.
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