A legal provision that protects a company from an ACQUISITION based on a TWOTIER BID (i.e., a first tier comprised of an attractive frontloaded cash offer, and a second tier […]
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FAIR PRICE REQUIREMENT
A rule for a firm that is buying another company has to pay the price the stockholders in a period of time. It is done to prevent offers that are […]
FAIR RENTAL VALUE COVERAGE
Insurance for rental income that they get for a building. If the building is dangerous it will pay the rental value.
FAIR RETURN ON INVESTMENT
the return that conforms to the rate of similar investments and reflects a fair payment for property.
FAIR TRADE
When farmers fair treatment is agreed upon. A contact is made to pay a fair price for products.
FAIR TRADE PRICE
The lowest price importers pay for farm products in a developing country. A floor price is started to get a standard of living .
FAIR TRIAL
the term given to a trial in the presence of an impartial judge and jury. See fiar and impartial trial.
FAIR USE
This term applies to the legal using of material that is copyrighted and no payment of royalties is required.
FAIR VALUATION
the current market price of something. See fair and reasonable market value .
FAIR VALUE ACCOUNTING
The principle of the FASB to give fair calculations on financial instruments. The value is used as the present value.
FAIRLY
Justly; rightly; equitably. With substantial correctness.”Fairly” is not synonymous with “truly,” arid “truly” should not be substituted for it ina commissioner ‘s oath to take testimony fairly. Language may be […]
FAIRNESS OPINION
An analysis and opinion prepared by a BANK or INVESTMENT BANK for a client company
FAIT
L. Fr. Anything done. A deed; act; fact. A deed lawfully executed. Com. Dig. Feme de fait. A wife de facto.
FAIT ACCOMPLI
Making a situation that is irreversible and other people have to live with.
FAIT ENROLLE
A deed enrolled, as a bargain and sale of freeholds. 1 Keb. 568.
FAIT JURIDIQUE
In French law . A Juridical fact. One of the factors or elements constitutive of an obligation .
FAITH
1. Confidence; credit; rellanca Thus, an act may be said to be done “on thefaith” of certain representations.2. Relief; credence; trust. Thus, the constitution provides that ” full faith and […]
FAITHFULLY
As used in bonds of public and private officers, this term imports notonly honesty, but also a punctilious discharge of all the duties of the ofiice, requiringcompetence, diligence, and attention, […]
FAITOURS
Idle persons; idle livers; vagabonds. Cowell; Blount
FAKE CLAIMS
False insurance claims. It is done to profit from insurance.
FAKIR
A street peddler who disposes of worthless wares, or of any goods abovetheir value, by means of any false representation , trick, device, lottery, or game ofchance. Mills’ Ann. St […]
FALANG
In old English law . A jacket or close coat Blount
FALCARE
In old English law . To mow. Falcare prata, to mow or cut grass in meadowslaid iu for hay. A customary service to the lord by his Inferior tenants. Jus […]
FALCIDIA
In Spanish law. The Fal- cldian portion; the portion of an inheritancewhich could not be legally bequeathed away from the heir, viz., one-fourth.
FALCIDIAN LAW
In Roman law. A law on the subject of testamentary disposition ,enacted by the people in the year of Rome 714, on the proposition of the tribuneFalcidius. By this law, […]