To open. To put out lights; to open or cut windows. 11 East, 372. Putagium hsereditatem non adiniit. 1 Beeve, Eng. Law, c. 3, p. 117. Incontinence does not take […]
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PUT OUT OF COURT
the term that describes the status of a case after it has been determined.
PUT PROTECTED EQUITY
When a company buys an option on its own stock. This is done through a middle man generating gain even if stock value declines. Refer to loss equity put .
PUT SPREAD
An option position that occurs when options are traded with different strike prices. They have the same expiration date . Refer to bull, bear, and call spread .
PUT WARRANT
Issued by a company that says it will buy back stock at a set price and that price will not change in the future. The price will remain set for […]
PUTABLE BOND
A bond with put options that allows the investor to sell it back at a predeteremined price. The seller gets a coupon for this. The investor can reinvest in more […]
PUTABLE CONVERTIBLE BOND
A bond with an option to sell it back at a premium on a specific date. The issurer has a lower coupon because of this. This can be done only […]
PUTABLE SWAP
A swap whose structure has fixed rates. This transaction can be cancelled at a future date. Refer to callable and cancellable swap .
PUTATIVE
party;” but it is now used in relation to any kind of partition proceedings . See Seiders v. Giles, 141 Pa. 93, 21 AU. 014.
PUTATIVE MARRIAGE
the term given to a marriage of good faith but was actually unlawful.
PUTCALL PARITY
Relationships used to decide option prices that must remain to prevent arbitrage conditions. The sum price of the call option and strike price . This price must equal the sum […]
PUTRESICBLE
The act of organisms that can make a food stuff or organic product or item become putrid. Any food stuff that can be attacked by the micro-organisms can be made […]
PUTS AND CALLS
A “put” In the language of the grain or stock market Is a privilege of delivering or not delivering the subject-matter of the sale; and a “call” is a privilege […]
PUTS AND REFUSALS
In English law . Time-bargains, or contracts for the sale of supposed stock on a future day.
PUTTING IN EVIDENCE
a term used where something is placed before a court.
PUTTING IN FEAR
These words are used in the definition of a robbery from the person. The offense must have been committed by putting in fear the person robbed. 3 Inst. 68; 4 […]
PUTTING IN SUIT,
as applied to a bond, or any other legal instrument , signifies bringing an action upon it, or making it the subject of an action.
PUTURE
In old English law . A custom claimed by keepers in forests, and some times by bailiffs of hundreds , to take man’s meat, horse’s meat, and dog’s meat of […]
PYKE, PAIK
In Hindu law. A foot- passenger ; a person employed as a night- watch in a village, and as a runner or messenger on the business of the revenue. Wharton.
PYKERIE
In old Scotch law . Petty theft. 2 Pitc. Crim. Tr. 43.
PYRAMID SCHEME
Same as a Ponzi scheme . One person recruits a person to a retail scheme then that person recruits people and son on and son until the first person has […]
PYRAMID SELLING
This a network of marketing that is illegal in most countries. In order to sell retail products a person has to pay a joining fee. Only the person initiating the […]
PYRAMIDING
Used in finance to pay off one loan by taking out another loan. This continues until the whole scheme collapses and the borrower declares bankruptcy in order to relieve himself […]
PYROLYSIS
Using heat to transfrom a product into smaller base elements. It used very high temperatures in the range of 400 to 800 degrees Celsius. It is not the same as […]
PYROMANIA
See INSANITT. 970 QILE ACCESSIONUM Q