Any loan that has been paid for in full, any obligation that has been discharged or the prices that have been paid for are regarded as the paid up loans.
P | Page 3
P
PAID-IN CAPITAL
Investment capital that came in the form of stock, public offering , or addon.
PAID-UP CAPITAL
Paid up capital is the amount that provides the capital on stock which is kept in possession by the stockholders .
PAID-UP POLICY
An insurance policy of which all of the premium payments are made is known as a paid up policy. Such a policy requires the customer to pay the premium till […]
PAIN AND SUFFERING
a term that is applied for the inability to lead a normal life due to mental and physical suffering.
PAIN FACTOR
The financial cost of fixing a problem that has been occuring for a consistent period of time, rather than choosing to bear it further. It is also known as the […]
PAINE FORTE ET DURE
See PEINB FORTE ET DURE.
PAINS AND PENALTIES, BILLS OF
The name given to acts of parliament to attaint particular persons of treason or felony, or to inflict pains and penalties beyond or contrary to the common law, to serve […]
PAINT
Paint is a solution which consists of a binder, a mineral solvent (usually water) as well as colored pigment, which is applied to various surfaces. It sticks to the surface, […]
PAINTINGS
It is held that colored Imitations of rugs and carpets and colored working designs, each of them valuable and designed by skilled persons and hand painted, but having no value […]
PAIR AND SET CLAUSE
The pair and set clause is usually a clause which states that if one half of a pair, or set is damaged, the value of the whole pair will be […]
PAIRED COMPARISON
A paired comparison is usually a method in which a certain employee, and his/ her job is compared with another employee of a similar post, and his/ her job. Usually, […]
PAIRED SHARES
Stock shared by two companies on one certificate .
PAIRING-OFF
In the practice of legislative bodies, this is the name given to a species of negative proxies, by which two members, who belong to opposite parties or are on opposite […]
PAIS, CONVEYANCES IN
Ordinary conveyances between two or more persons in tlie country; i. e., upon the land to be transferred.
PAIS, PAYS
Pr. The country; the neighborhood . A trial per pais signifies a trial by the country; that is, by jury. An assurance by matter in pais is an assurance transacted […]
PALACE COURT
A court formerly existing in England. It was created by Charles I., and abolished in 1S49. It was held in the borough of Southwark, and had jurisdiction of all personal […]
PALAGIUM
A duty to lords of manors for exporting and importing vessels of wiue at any of their ports. Jacob.
PALAM
Lat. In the civil law . Openly ; In the presence of many. Dig. 50, 16, 33.
PALATINE
Possessing royal privileges. See COUNTY PALATINE.
PALATINE COURTS
formerly were the court of common pleas at Lancaster, the chancery court of Lancaster, and the court of pleas at Durham, the second of which alone now exists. (See the […]
PALATIUM
Lat. A palace. The emperor’s house in Rome was so called from the Mons l’alatinus on which it was built. Adams. Rom. Ant 613.
PALE RECESSION
The pale recession is a condition in which the recession has not managed to affect all portions of the economy. In such a situation, the effects of recession would not […]
PALFRIDUS
A palfrey; a horse to travel on.
PALINGMAN
In old English law . A merchant denizen ; one born within the Eng-