A small vessel used in loading and unloading ships and steamers. The Mamie (D. C.) 5 Fed. SIS; Reed v. Ingham, 20 Eng. Law & Eq. 107.

For moving cargo from ship to shore and the other way around, a barge or other shallow water craft is carried onboard a ship.

The business of transferring merchandise to and from vessels by means of lighters; also the compensation or price demanded for such service. Western Transp. Co. v. Hawley, 1 Daly (N. […]

The master or owner of a lighter. He is liable as a common carrier .

1. Windows; openings in the wall of a house for the admission of light. 2. Signal-lamps on board a vessel or at particular points on the coast, required by the […]

Nonproprietary, open standard used for index formatting in system access directories. Based on X.500 standard, and much simpler and smaller, LDAP supports TCP/IP for internet access, storing and retrieving names, […]

A person bound to another by a solemn tie or engagement. Now used to express the relation of a subject to bis sovereign. Lir;na et lapides sub “armorum” ap- pellatione […]

A right of cutting fuel in woods; also a tribute or payment due for the same. Jacob.

Timber fit for building. Du Fresne.

In old English law . A copy, exemplification , or transcript of a court roll or deed. Cowell.

This term is the same as similar benefits.

To determine what type of products moved quicker than others, companies use this method of comparing current year sales figures to prior years sales figures.

Until a property received in exchange is sold or disposed of, an exchange of similar business or investment assets with any gain or loss is not recognized.

This is a statistical term. A numerical value coincides with each potential choice. A mean value for all the responses is calculated at the end of the evaluation or survey. […]

A member of the human body. In the phrase “life and limb,” the latter term appears to denote bodily integrity in general; but in the definition of “mayhem” it refers […]

In Roman law. An officer who had charge of a harbor or port. Dig. f>0. 4, 18, 10; Cod. 7, 1G, 38. LIMIT, v. To mark out; to define; to […]

1. In General, this is a boundary of scope, be it authority, power, privilege, or right. Prescribed bounds. 2. In Banking, this is (1) The largest amount a bank will […]

A promise to buy securities between broker and buyer if the peak financial condition is reached.

The maximum price fluctuation for a given contract on the futures markets. Typically triggers a trading halt as measured against the previous day’s close. Refer to Locked Limit Down; Locked […]

For the several insurers covering the same property with a severe loss, this is a method of apportioning that a loss.

A promise to buy securites at the closing market prices.

At a specific maximum or minimum price, client-to-broker instruction say buy or sell an item. An action in commodities and securities trading. A balance may be kept for later execution […]

an electronic system that stores and displays information on limit orders and feeds the data to the specialist display book. Orders that are entered as good, until cancelled, remain in […]

Restriction or circum- spection; settling an estate or property; a certain time allowed by a statute for litigation . In estates. A limitation , whether made by the express words […]

Lawful boundary to the time period for claiming a civil lawsuit or injury. This limitation does not apply against disabled parties in some jurisdictions. Cannot bring it up in court […]