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| This dictionary contains: 8526 juridical terms |
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Salvage loss
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Salvage lossBy salvage loss is understood the difference between the amount of salvage, after deducting the charges, and the original value of the property.
RELATED TERMS--------------------------------------
Salvage
Maritime law. This term originally meant the thing or goods saved from shipwreck or other loss; and in that sense it is generally to be understood in our old books. But it is at present more frequently understood to mean the compensation made to those by whose means the ship or goods have been saved from the effects of shipwreck, fire, pirates, enemies, or any other loss or misfortune.
Loss
contracts. The deprivation of something which one had, which was either advantageous, agreeable or commodious.
Difference
A dispute, contest, disagreement, quarrel.
Charges
The term charges signifies the expenses which have been incurred in relation either to a transaction or to a suit; as the charges incurred for his benefit must be paid by a hirer; the defendant must pay the charges of a suit.
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 .
Value
Common law. This term has two different meanings. It sometimes expresses the utility of an object, and some times the power of purchasing other good with it. The first may be called value in use, the latter value in exchange.
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--------------------------------------
Salvage
Maritime law. This term originally meant the thing or goods saved from shipwreck or other loss; and in that sense it is generally to be understood in our old books. But it is at present more frequently understood to mean the compensation made to those by whose means the ship or goods have been saved from the effects of shipwreck, fire, pirates, enemies, or any other loss or misfortune.
Salvage charges
The expenses incurred to remunerate services rendered to a ship and cargo, which have prevented its being a total loss.
Salvage convention
The International Convention on Salvage, adopted by the IMO (supra) at London on April 28, 1989 and in force as of July 14, 1996.
Salvors
Maritime law. When a ship and cargo, or any part thereof, are saved at sea by the exertions of any person from impending perils, or are recovered after an actual abandonment or loss, such persons are denominated salvors; they are entitled to a compensation for their services, which is called salvage.
Salvus plegius
Safe pledge. A surety given that a man shall appear upon a certain day.
PREVIOUS AND NEXT TERMS--------------------------------------
Salting cash
Testing accounts receivable employee honesty by placing some cash in the customer receivables process to see if it is reported as cash or stolen.
Salus populi, suprema lex
The welfare of the people is the highest law.
Salvage
Maritime law. This term originally meant the thing or goods saved from shipwreck or other loss; and in that sense it is generally to be understood in our old books. But it is at present more frequently understood to mean the compensation made to those by whose means the ship or goods have been saved from the effects of shipwreck, fire, pirates, enemies, or any other loss or misfortune.
Salvage charges
The expenses incurred to remunerate services rendered to a ship and cargo, which have prevented its being a total loss.
Salvage convention
The International Convention on Salvage, adopted by the IMO (supra) at London on April 28, 1989 and in force as of July 14, 1996.
Salvage loss
Salvors
Maritime law. When a ship and cargo, or any part thereof, are saved at sea by the exertions of any person from impending perils, or are recovered after an actual abandonment or loss, such persons are denominated salvors; they are entitled to a compensation for their services, which is called salvage.
Salvus plegius
Safe pledge. A surety given that a man shall appear upon a certain day.
Sample
Contracts. A small quantity of any commodity or merchandise, exhibited as a specimen of a larger quantity called the bulk.
Sanction
That part of a law which inflicts a penalty for its violation, or bestows a reward for its observance. Sanctions are of two kinds, those which redress civil injuries, called civil sanctions; and those which punish crimes, called penal sanctions.
Sanctions
Court-ordered punishment.
RELATED TERMS--------------------------------------
Salvage
Maritime law. This term originally meant the thing or goods saved from shipwreck or other loss; and in that sense it is generally to be understood in our old books. But it is at present more frequently understood to mean the compensation made to those by whose means the ship or goods have been saved from the effects of shipwreck, fire, pirates, enemies, or any other loss or misfortune.
Loss
contracts. The deprivation of something which one had, which was either advantageous, agreeable or commodious.
Difference
A dispute, contest, disagreement, quarrel.
Charges
The term charges signifies the expenses which have been incurred in relation either to a transaction or to a suit; as the charges incurred for his benefit must be paid by a hirer; the defendant must pay the charges of a suit.
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 .
Value
Common law. This term has two different meanings. It sometimes expresses the utility of an object, and some times the power of purchasing other good with it. The first may be called value in use, the latter value in exchange.
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--------------------------------------
Salvage
Maritime law. This term originally meant the thing or goods saved from shipwreck or other loss; and in that sense it is generally to be understood in our old books. But it is at present more frequently understood to mean the compensation made to those by whose means the ship or goods have been saved from the effects of shipwreck, fire, pirates, enemies, or any other loss or misfortune.
Salvage charges
The expenses incurred to remunerate services rendered to a ship and cargo, which have prevented its being a total loss.
Salvage convention
The International Convention on Salvage, adopted by the IMO (supra) at London on April 28, 1989 and in force as of July 14, 1996.
Salvors
Maritime law. When a ship and cargo, or any part thereof, are saved at sea by the exertions of any person from impending perils, or are recovered after an actual abandonment or loss, such persons are denominated salvors; they are entitled to a compensation for their services, which is called salvage.
Salvus plegius
Safe pledge. A surety given that a man shall appear upon a certain day.
PREVIOUS AND NEXT TERMS--------------------------------------
Salting cash
Testing accounts receivable employee honesty by placing some cash in the customer receivables process to see if it is reported as cash or stolen.
Salus populi, suprema lex
The welfare of the people is the highest law.
Salvage
Maritime law. This term originally meant the thing or goods saved from shipwreck or other loss; and in that sense it is generally to be understood in our old books. But it is at present more frequently understood to mean the compensation made to those by whose means the ship or goods have been saved from the effects of shipwreck, fire, pirates, enemies, or any other loss or misfortune.
Salvage charges
The expenses incurred to remunerate services rendered to a ship and cargo, which have prevented its being a total loss.
Salvage convention
The International Convention on Salvage, adopted by the IMO (supra) at London on April 28, 1989 and in force as of July 14, 1996.
Salvage loss
Salvors
Maritime law. When a ship and cargo, or any part thereof, are saved at sea by the exertions of any person from impending perils, or are recovered after an actual abandonment or loss, such persons are denominated salvors; they are entitled to a compensation for their services, which is called salvage.
Salvus plegius
Safe pledge. A surety given that a man shall appear upon a certain day.
Sample
Contracts. A small quantity of any commodity or merchandise, exhibited as a specimen of a larger quantity called the bulk.
Sanction
That part of a law which inflicts a penalty for its violation, or bestows a reward for its observance. Sanctions are of two kinds, those which redress civil injuries, called civil sanctions; and those which punish crimes, called penal sanctions.
Sanctions
Court-ordered punishment.
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This dictionary contains 8526 terms.
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