A fresh-water trench or little river, encompassed with banks on both sides, to drain off surplus water into the sea. Cowell. Properly, a trench artificially made for the purpose of […]

In English law . The straying and escaping of cattle out of the lands of their owners into other uninclosed laud; an intercommoning of cattle. 2 H. Bl. 416. It […]

A method used in accounting where 2 sets of records are kept in order to look for and find any mistakes.

A list of registered new securities that don

A director who is not technically with the firm but is a major shareholder but doesn’t take part in governing the firm but whose instructions are complied with.

The opportunity cost for an activity to the society. The actual price is unknown and doesn’t reflect any real sacrifice that is made.

A market upheaval that sees smaller competition eliminated and the few larger and stronger firms dominate.

As used in statutes and similar instruments, this word is generally imperative or mandatory; but it may be construed as merely permissive or directory, (as equivalent to “may,”) to carry […]

a situation where the defendant pleads guilty to a minor offense in order to a trial on a major offense.

A false or fictitious defense, interposed in bad faith, and manifestly untrue, insufficient, or irrelevant on its face.

as pasture for the cattle of all the owners, and in some cases for the cattle of other persons as well; each owner is called a “severalty owner,” and his […]

term that is used for the defence that is presented in bad faith or that is obviously false.

A transaction that serves no purpose and provides no benefit economically but it used for the purpose of tax evasion .

a term to describe getting a person a drunk and then putting him a on a ship about to go to sea.

A portion of anything. When a whole is divided into shares, they are not necessarily equal. In the law of corporations and joint-stock companies, a share is a definite portion […]

A credit union or building society account for depositing funds into.

a term that applies to the equal share or the equal proportions.

Called equity capital . Money raised by selling shares.

A legal document that is issued to show proof of any ownership in a business. A paper share is being replaced by electronic shares.

An account for banking that is provided by a credit union that permits a menber to write cheques against the savings account .

A combination in business where 2 firms will retain independent existence and they will exchange shares with each other.

A bid for tak over where one firm offers the other shares that are equal to the bid for take over. If it is accepted the firms will merge to […]

A percentage of all TV’s and radios that are tuned to a channel or station during a set time period .

The amount a firm will receive that is in excess over the par price of shares.

A company will buy its own shares in order to boost the market for them by reducing the quantity of available shares.