The classification of group industries into 20 sectors, which are further classified into 1,170 industries based on the establishment type. The identification is through the assignment of a 6 digit […]

The North Atlantic treaty of 1949 led to the formation of this military alliance between the 26 member countries with the intention of combating the spread of communism. It now […]

Longevity and annuity tables compiled from bills of mortality kept in All Saints parish, England, in 1735-17S0. Noscitur a sociis . It is known from its associates. 1 Vent. 225. […]

A latin term for ‘it is known by the company it keeps’, it is the concept that the intended meaning of an ambiguous word depends on the context in which […]

In the civil law . Persons who have the management and care of hos- pitals for paupers.

A term meaning our account. It is used by foreign banks to handle its local currency.

A foreign exchange account in a local bank in the local currency that is maintained by a foreign bank. A vostro account is the account that is applicable to local […]

An arrangement between two correspondent banks that allows both banks to keep a local currency account for each other.

These words, indorsed on a bill of indictment by a grand jury, have the same effect as the indorsement “Not a true bill” or “Ignoramus.”

A plea of the general issue In the actious of trespass and case and in criminal prosecutious. The form of the verdict In criminal cases, where the jury acquit the […]

In English practice. A plea of the general issue by a defendant in a civil action , when he intends to give special matter in evidence by virtue of some […]

The best possible buyor sell order for securities wherin the broker is not held liable due to a failure to obtain the best possible price. The order is used as […]

An item that is mentioned in the contract only for reference purposes and as such has no bearing or relation to the contract.

When members of a community unite together to oppose the establishment that is not desired due to the hazardous nature of their activities, and sometimes against the establishment of institutions […]

A negative attitude that is used to shoot down constructive suggestions or improvements to a situation.

When negotiating a contract, it is the assurance from the vendor that the value of the property will not be less than the proposed value and the estimates that will […]

A statement on a bill of exchange which prohibits it from being transferred or traded. The statement reads ‘ not negotiable ‘, except in the case of check where it […]

Refers to Unclassifiable insured usually on workers compensation rating manuals or liability manuals.

Items that do not meet the specifications of a set criteria or classification .

A special traverse used in an action of trover, alleging that de- fendant was not possessed , at the time of action brought, of the chattels alleged to have been […]

A verdict in a Scotch criminal trial, to the effect that the guilt of the accused is not made out, though his innocence is not clear.

A return sometimes made by sheriffs or constables to a writ of execution ; but it is not a technical formula, and is condemned by the courts as ambigu- ous […]

When the amount available in the drawer’s account is less than the amount stated on the check, the bank reserves the right to return the check to the depositor. When […]

A policy that has been rejected or not claimed by the insured even though they are eligible for the policy claims.

When negotiating a contract, it is the assurance from the vendor that the value of the property will not be greater than the proposed value and the estimates that will […]