The creditor at whose instance an adjudication of bankruptcy is made against a bankrupt.

A droitural action ; that is. one in which the plaintiff seeks to establish and enforce, by an appropriate legal proceeding , his right of property, or his title, to […]

Lat In Roman law. I request A common word by which a fldeicommis- sum, or trust, was created in a will. Inst 2, 24, 3.

A stone weight. Cowell.

A chemical produced from either the cracking or any type of processing of petroleum oil, or natural gas / methane. Examples include benzene, ethane, ethylene, etc.

Cash flow paid to oil producing nations. It is rerouted to the western banking system.

A term used commonly for natural gas and crude oil. It is used primarily as fuel for automobiles, jets and a variety of other types of engines. Usually derived from […]

Gases produced with the help of petroleum, examples including normalbutane, isobutane, propylene, ethane, etc.

Products that are obtained by processing natural gas and crude oil. Examples include liquefied petroleum gas, fuel oils, automotive gasolines, etc.

A lawyer who is em- ployed in a small or mean business, or who carries on a disreputable business by unprincipled or dishonorable means. “We think that the term ‘pettifogging […]

Small, minor, of less or inconsiderable importance. The English form of “petit,” and sometimes used instead of that word in such compounds as “petty jury,” ” petty larceny ,” and […]

In maritime law . A term used to denote such charges and disbursements as, according to occurrences and the custom of every place, the master necessarily furnishes for the benefit […]

A little cash that a person keeps with himself, for making cash payments miscellaneously.

An account kept to manage the money that will be used for miscellaneous purchases. Petty cash accounts are maintained to keep a proper check on the finances that have been […]

See petit jury.

See petit larceny .

A small violation of the law. Usually, the punishment is less than six months as per the court of law .

An inclosed seat in a church. O’Hear v. De Goesbriand, 33 Vt. 600, 80 Am. Dec. 653; Trustees of Third Presbyterian Congregation v. Andruss, 21 N. J. Law, 328; Gay […]

A bond that converts its assets into negotiable securities. The assets remain on the balance sheet but are reserved for investors in the event of default .

A scale used to measure the alkalinity and acidity of any substance that is soluble in water. The pH values are given from 1- 14. 7 is regarded as the […]

When a cash transaction has been written in the books, while no cash was ever deposited for it.

Provides bonuses and cash to management if the company does well.

A committee formed with doctors, who give advises and contribute to the overall health plan, giving information regarding different drugs, and their proper usage.

A watch-tower, light-house , or sea-mark.

A particular stage of any event, or phenomena. Examples include ‘a phase of my life’ In Chemistry, it means matter’s physical state. In Physics, the term is used to determine […]