A party that gives services like transporting or warehousing . It doesn’t hadle paperwork.
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FACILITATION PAYMENT
A payment to an official to get approval for business activities. It can be an unofficial fees not a bribe.
FACILITATOR
A party that helps calm issues but doesn’t offer any content to a project.
FACILITIES
This name was formerly given to certain notes of some of the banks inthe state of Connecticut, which were made payable in two years after the close of thewar of […]
FACILITY
In Scotch law. Pliancy of disposition . Bell.Facinns quoa inquinat sequat. Guilt makes equal those whom it stains.
FACILITY MANAGEMENT
The operation, maintenance, and security of a place of business done by an external party.
FACILITY OF PAYMENT CLAUSE
A rule in life insurance that lets the insurer pay some proceeds to a relative that is entitled to the policy. It minimizes legal costs on estates.
FACILITY TAKEOVER
Identity theft involving impersonating another party to get financial information via mail.
FACIO UT DES
(Lat. I do that you may give.) A species of contract in the civil law (being one of the innominate contracts) which occurs when a man agrees to performanything for […]
FACIO UT FACIAS
(Lat. I do that you may do.) A species of contract in the civil law (being one of the innominate contracts) which occurs when I agree with a man to […]
FACSIMILE
An exact copy, preserving all the marks of the original.
FACSIMILE PROBATE
In England. where the construction of a will may be affected by the appearance of the original paper,the court will order the probate to pass in fac simile, as it […]
FACT
A thing done; an action performed or an Incident transpiring; an event or circumstance; an actual occurrence. In the earlier days of the law “fact” was used almost exclusively in […]
FACT FINDING
A stage where an inquiry is made and a report is given about an investigation .
FACT-FINDING BODY
This term applies to a group of people who are authorised to find the true facts in a matter.
FACTA
In old English law . Deeds. Facta armorum, deeds or feats of arms; that Is,Jousts or tournaments. Cowell.Facts. Facta et casus, facts and cases. Bract, fol. 16.Facta sunt potentiora verbis. […]
FACTIO TESTAMENTI
In the civil law . The right, power, or capacity of making awill; called “factio act’ua.” Inst. 2, 10, 6.The right or capacity of taking by will; called “factio passiva.” […]
FACTITIOUS
Settled by covenant. Pacto aliquod licitum est, quod sine pacto non admittitur. Co. Litt. 100. By special agreement things are allowed which are not otherwise permitted.
FACTO
In fact; by an act; by the act or fact. Ipso facto, by the act itself; by themere effect of a fact, without anything superadded, or any proceeding upon it […]
FACTOR
1. A commercial agent , employed by a principal to sell merchandise consigned to him for that purpose, for and in behalf of the principal, but usually in his own […]
FACTOR COST
The cost of the factors of production used to make something.
FACTOR ENDOWMENT
The labor that is exploited in a country. A country with large factor endowments are better off.
FACTORING
Financing accounts recievable. It can be maturity factoring, finance factoring, discount factoring, or undisclosed factoring. Refer to discounting of accounts reveivable and forfaiting.
FACTORING ACCOUNTS RECEIVABLE
A company that sells accounts receivable to get quick cash. It can gain cash to get through a crisis.
FACTORIZING PROCESS
In American law . A process by which the effects of adebtor are attached in the hands of a third person . A term peculiar to the practice inVermont and […]