This term is in reference to the inclusion of revenue in an income account. According to the provisions of GAAP, expense is recognized when incurred, whether it is paid or […]

According to the provisions of the GAAP, revenue may be recognized when cash is received or its ultimate receipt becomes certain or enforceable . Inclusion of revenue in an income […]

This term refers to organized picketing to compel an employer to recognize a particular union as the sole bargaining agent for the workers.

A writ to the justices of the common bench for sending a record touching a recognizance , which the recognizor suggests was acknowledged by force and duress; that if it […]

In English law . The name by which the jurors impaneled on an assize are known. See RECOGNITION . The word is sometimes met in modern books, as meaning the […]

An obligation of record, entered into before some court of record , or magistrate duly authorized, with condition to do some particular act; as to appear at the assizes, or […]

To try; to examine in order to determine the truth of a matter. Also to enter into a recognizance .

He to whom one is bound in a recognizance .

He who enters Into a recognizance .

consequences, or which, though foreseeing such consequences, persists in spite of such knowledge. See Railroad Co. v. Bodemer, 139 111. 596, 29 N. E. 692, 32 Am. St. Rep. 218; […]

a term that means to advise, to suggest, to counsel or to speak in favour of.

In feudal law. A method of converting allodial land into feudal property. The owner of the allod surrendered it to the king or a lord, doing homage, and received it […]

Precatory, advisory, or directory. Recommendatory words in a will are such as do not express the testator’s command in a peremptory form, but advise, counsel, or suggest that a certain […]

Pre-1995 US FDA standards used by food manufacturers in declaring nutritional values of the components foods on the label. Replaced in 1995 by % DV for 10 mandatory and 22 […]

This term refers to the maximum allowable airborne concentration of a substance in a work area. REL can be expressed either as a maximum limit or as a time- weighted […]

Non- enforceable principle that indicates the greatest level of a contaminant in drinking water at which no known or anticipated adverse health effects would occur in humans and pets.

Older standard for serial data transmission between computers and devices and officially known as an EIA232. A common RS232 cable typically carries data at 20 Kbps, up to a distance […]

the term used when a person is sent back to jail because he has broken the parole or pardon terms.

in Scotland, where a party sues for a debt, and the defendant pleads compensation , i. e., set-off, the plaintiff may allege a compensation on his part; and this is […]

A reward for services; remuneration for goods or other property.

That part of the judgment in a ” common recovery ” by which the tenant is declared entitled to recover lands of equal value with those which were warranted to […]

Lat. In the canon and civil law. To make a cross-demand upon the actor, or plaintiff. 4 Reeve, Eng. Law, 14, aud note, (r.)

The renewal of amicable relations between two persons who had been at enmity or variance; usually implying forgiveness of injuries on one or both sides. It is sometimes used in […]

A kind of general ledger account that contains a summary of sub-ledger accounts. Since the reconciliation account only provides a summary, no transactions will be directly posted to this account.

Re-calibrating and servicing equipment to bring it back to near new or original operational level. Reconditioned goods are often of later models and usually in better condition than refurbished goods.