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Revenue
RevenueThe income of the government arising from taxation, duties, and the like; and, according to some correct lawyers, under the idea of revenue is also included the proceeds of the sale of stocks, lands, and other property owned by the government. RELATED TERMS-------------------------------------- Income The gain which proceeds from property, labor, or business; it is applied particularly to individuals; the income of the government is usually called revenue. Government "natural and political law. The manner in which sovereignty is exercised in each state. There are three simple forms of government, the democratic, the aristocratic, and monarchical. But these three simple forms may be varied to infinity by the mixture and divisions of their different powers. Sometimes by the word government is understood the body of men, or the individual in the state, to whom is entrusted the executive power. It is taken in this sense when the government is spoken of in opposition to other bodies in the state. Taxation The forcible procedure by which Government takes money from the citizens. Duties In its most enlarged sense, this word is nearly equivalent to taxes, embracing all impositions or charges levied on persons or things; in its more restrained sense, it is often used as equivalent to customs or imposts. Revenue The income of the government arising from taxation, duties, and the like; and, according to some correct lawyers, under the idea of revenue is also included the proceeds of the sale of stocks, lands, and other property owned by the government. Sale Contracts. An agreement by which one of the contracting parties, called the seller, gives a thing and passes the title to it, in exchange for a certain price in current money, to the other party, who is called the buyer or purchaser, who, on his part, agrees to pay such price. Stocks Criminal law. A machine commonly made of wood, with boles in it, in which to confine persons accused of or guilty of a crime. 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. SIMILAR TERMS-------------------------------------- Revendication Civil and French law. An action by which a man demands a thing of which he claims to be owner. It applies to immovables as well as movables; to corporeal or encorporeal things. Reversal International law. 1) A declaration by which a sovereign promises that he will observe a certain order, or certain conditions, which have been once established, notwithstanding any changes that may happen to cause a deviation therefrom; as, for example, when the French court, consented for the first time, in 1745, to grant to Elizabeth, the Czarina of Russia, the title of empress, exacted as a reversal, a declaration purporting that the assumption of the title of an imperial government, by Russia, should not dero-gate from the rank which France had held towards her. 2) Those letters are also termed reversals, Litterae Reversales, by which a sovereign declares that, by a particular act of his, he does not mean to prejudice a third power. Of this we have an example in history: formerly, the emperor of Germany, whose coronation, according to the golden ball, ought to have been solemnized at Aix-la-Chapelle, gave to that city when he was crowned elsewhere, reversals, by which he declared that such coronation took place without prejudice to its rights, and without drawing any consequences therefrom for the future. Reverse An action of a higher court in setting aside or revoking a lower court decision. Reversible error A procedural error during a trial or hearing sufficiently harmful to justify reversing the judgment of a lower court. Reversion Estates. The residue of an estate left in the grantor, to commence in possession after the determination of some particular estate granted out by him; it is also defined to be the return of land to the grantor, and Iiis heirs, after the grant is over. Reversioner Estates. One entitled to a reversion. Reversor Law of Scotland. A debtor who makes a wadset and to whom the right of reversion is granted. Reverter Reversion. A formedon in reverter is a writ which was a proper remedy when the donee in tail or issue died without issue and a stranger abated: or they who were seised by force of the entail discontinued the same. PREVIOUS AND NEXT TERMS-------------------------------------- Return day A day appointed by law when all writs are to be returned which have issued since the preceding return day. The sheriff is in general not required to return his writ until the return day. After that period he may be ruled to make a return. Return of writs Practice. A short account in writing, made by the sheriff, or other ministerial officer, of the manner in which he has executed a writ. Returning resident Any Lawful Permanent Resident who has been outside the United States and is returning to the U.S. Also defined as a "special immigrant." If outside of the U.S. for more than 180 days, must apply for readmission to the U.S. If outside of the U.S. for more than one year and is returning to his or her permanent residence in the United States, usually must have a re-entry documentation from U.S. Citizenship and Immigration Servicesor an immigrant visa from the Department of State. Reus Civil law. This word has two different meanings. 1) A party to a suit, whether plaintiff or defendant; Reus est qui cum altero litem contestatem habet, sive legit, sive cum eo adum est. 2) A party to a contract; reus credendi is be to whom something is due, by whatever title it may be; reus debendi is he who owes, for whatever cause. Revendication Civil and French law. An action by which a man demands a thing of which he claims to be owner. It applies to immovables as well as movables; to corporeal or encorporeal things. Revenue Reversal International law. 1) A declaration by which a sovereign promises that he will observe a certain order, or certain conditions, which have been once established, notwithstanding any changes that may happen to cause a deviation therefrom; as, for example, when the French court, consented for the first time, in 1745, to grant to Elizabeth, the Czarina of Russia, the title of empress, exacted as a reversal, a declaration purporting that the assumption of the title of an imperial government, by Russia, should not dero-gate from the rank which France had held towards her. 2) Those letters are also termed reversals, Litterae Reversales, by which a sovereign declares that, by a particular act of his, he does not mean to prejudice a third power. Of this we have an example in history: formerly, the emperor of Germany, whose coronation, according to the golden ball, ought to have been solemnized at Aix-la-Chapelle, gave to that city when he was crowned elsewhere, reversals, by which he declared that such coronation took place without prejudice to its rights, and without drawing any consequences therefrom for the future. Reverse An action of a higher court in setting aside or revoking a lower court decision. Reversible error A procedural error during a trial or hearing sufficiently harmful to justify reversing the judgment of a lower court. Reversion Estates. The residue of an estate left in the grantor, to commence in possession after the determination of some particular estate granted out by him; it is also defined to be the return of land to the grantor, and Iiis heirs, after the grant is over. Reversioner Estates. One entitled to a reversion. We thank you for using the Juridical Dictionary to search for Revenue. If you have a better definition for Revenue than the one presented here, please let us know by making use of the suggest a term option. This definition of Revenue may be disputed by other professionals. Our attempt is to provide easy definitions on Revenue and any other medical topic for the public at large.
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