False statement . (1) intentional disregard of false or possibly false information , (2) falsely entering into a contract, and (3) causing loss based on false data leading to a […]

the term applied when a certain creditor is favoured over the other creditors.

Intentional illegal use of the business practices of contracts and marketing to essentially steal product, money, assets from another entity. Defrauding creditors using a deliberately designed business activity . For […]

See FBANK.

L. Fr. A franchise.

Lat Fraud. More commonly called, iu the civil law, “dolus,” and “dolusmalus,” (q. v.) A distinction, however, was sometimes made between “fraus” and “dolus;” the former being held to be […]

In old English law . A wood of ashes; a place where ashes grow. Co. Litt. 46; Shep. Touch. 95.

See AFFBAT.

In old English law . Freight. Quoad frectum navium suarum, as to the freight of his vessels. Blount

Sanctuaries; seats of peace.

In old English law . A liberty to hold courts and take up the fines forbeating and wounding. To be free from fines Cowell

A fine paid for obtaining pardon when the peace had been broken. Spelman; Blount. A sum paid the magistrate for protection against the right of revenge.

1. Unconstrained; having power to follow the dictates of his own will. Notsubject to the dominion of another. Not compelled to involuntary servitude . Used in thissense as opposed to […]

Term of sale that the buyer is responsible for loading and subsequent charges beyond the seller’s price invoiced or quoted plus charges only up to the ship at the port […]

Free from any claim, defect, encumbrance , or restraint. Applies to Property Title.

the term that means every person is able to vote and each vote will have the same weight.

Shipping term. Package or consignment misrouted or has strayed. The carrier must deliver to its correct destination with no additional charges if the item is traced and this mistake is […]

Free Berkeley Software Distribution (BSD). Developed at the Berkeley campus of the University Of California. Available online for downloading at no cost under an open source license. Popular Unix-like computer […]

Available cash; Part of a firm’s liquid assets .

Measures bank’s ability to use free capital without having to liquidate its fixed assets to absorb bad debts. Formula: Free capital divided by bad debts.

Term of sale whose charges only get goods into the custody of the carrier at a place named by the buyer. The price invoiced or quoted by a seller includes […]

A CASH FLOW computation that is based on OPERATING CASH FLOW , less cash allocated to new and replacement ASSETS; alternatively it is net operating income less the REPLACEMENT COST […]

After cash disbursements and investment payments have been made, denotes the ability of a company to handle its operating expenses .

Using revenue generated from investments held by investors as an indicator of company performance .

After a company pays its operating expenses , what amount of money is left for stockholders .