An element that does not change its weight or mass when it is turned into the finished product. It contains no impurities that are burnt off or removed so the […]

Income that is received from the use of a resource. During this use, this product is not destroyed by consumers. The income bears no relation or response to the price […]

A situation that has arisen where there is no chance of gain but there is a chance of a loss. There will never be a chance for gain but you […]

A trust situation that involves three parties. The parties are the creator of the trust, the trustee, and the beneficiary . This is a contractual trust and is different to […]

The act of cleansing or exonerating one’s self of a crime, accusation, or suspicion of guilt by denying the charge on oath or by ordeal. Canonical purgation was made by […]

To cleanse; to clear; to clear or exonerate from some charge or imputation of guilt, or from a contempt.

Fr. In French law . Au expression used to describe the act of freeing an estate from the mortgages and privileges with which It is charged, observing the formalities prescribed […]

The removal and subsequent destruction of files from an active file . These files are no longer used for some reason and have become inactive and need to be removed. […]

this is a term for condemning yourself for committing a wrong and assuming responsibility for it and then correcting it.

the act to atone for a contempt of court done by apologising and paying a fine.

In English law . A space of land near a royal forest, which, being severed from it, was made purlieu; that is, pure or free from the forest laws. -Purlieu-men. […]

To steal; to commit larceny or theft. McCann v. U. S., 2 Wyo. 298.

A share; a part in a division ; that part of an estate, formerly held in common, which is by partition allotted to any one of the parties. The word […]

A book that was written by Thayer Bennett and Jeff Kinsey. It is a strategy that is used to locate the weakest link in an organisation. This link is then […]

Meaning; import; substantial meaning; substance. Tbe “purport” of an instrument means tbe substance of it as it appears on tbe face of the instrument, and is distinguished from “tenor,” which […]

A loan whose collateral is securites that has to follow margin rules. The returns are used to purchase other securities. AKA margin loan . Refer to nonpurpose loan.

This is a type of trust that is for a purpose and objective that is specified in the trust papers. This under certain laws in certain places. This is under […]

the term used to describe something done with the conscious intent.

A purpresture may be defined as an inclosure by a private party of a part of that which belongs to and ought to be open and free to the enjoyment […]

Fr. A close or Inclosure ; as also the whole compass of a manor.

A term used in heraldry; the color commonly called “purple,” expressed in engravings by lines in bend sinister. In the arms of princes it was formerly called “mercury,” and in […]

A purse, prize, or premium is .ordinarily some valuable thing, offered by a person for the doing of something by others, into strife for which he does not enter. lie […]

The person appointed by the master of a ship or vessel, whose duty It is to take care of the ship’s books, in which every thing on board is inserted, […]

A document that is used to conform or acts in agreement to other conditions such as in rrference to an agreement or situation. In law it applies to a how […]

a term meaning to conform to something, or something that is done in consequence of.