The hours that a resource is available for use.

This phrase, among mercantile men, is a term well understood to be anything which can readily be converted Into money; but it is not necessarily or primarily money Itself. McFad- […]

Inventory that has no buyers ready to be sold.

The inventory that is available for orders. Refer to capacity available to promise .

Profits, or proceeds. This word seems to have been construed only in reference to wills, and in them it means the corpus or proceeds of the estate after the payment […]

In French law . The guaranty of a bill of exchange ; so called because usually placed at the foot or bottom (aval) of the bill. Story, Bills,

When a third party becomes a guarantor to make sure a payment is made even if default occurs. It is more common in Europe than in the US.

L Fr. Chance; hazard; mischance.

Average; the loss and damage suffered in the course of a navigation . Poth. Mar. Louage, 105.

A certain quantity of oats paid by a tenant to his landlord as rent, or in lieu of some other duties.

A mischance causing the death of a man, as where a person is suddenly drowned or killed by any accident, without felony. Co. Litt. 391.

L. Fr. To have.

A rent reserved to religious houses, to be paid by their tenants in corn.

In feudal law. Land plowed by the tenant for the proper use of the lord of the soil.

Money paid towards the king’s averages or carriages, and so to he freed thereof.

A custom or rent formerly so called.

In old English and French. Property; substance, estate, and particularly live stock or cattle; hence a working beast; a horse or bullock.

In pleading. To declare or assert; to set out distinctly and formally; to allege. In old pleading. To avouch or verify. Litt.

And see Peters v. Warren Ins. Co., 19 Fed. Cas. 370.

How much profit a company gets from their investments in a year.

The amount of debt a company has compared to its sales in an accounting period .

A party hired to asses loss for maritime insurance. The claim will be deemed general average or pearticular average. AKA average adjustor.

When a shipper pays general leverage dues on general leverage losses. This is specific to marine insurance .

This term relates to the fees that are in line with the fees made by other people in the area who have rendered similar services.

How well a mutual fund performs. The dividends, gains, and value changes over the year.