Fr. Third. Tierce mcin, third hand. Britt. c. 120.

Savings account where the interest can change depending of amount in the account.

In old records. A close or Inclosure; a croft Cowell.

As colloquially applied to a note, bond, mortgage, lease, etc., this term signi- fies that the clauses providing the creditor’s remedy in case of default (as, by fore- closure, execution, […]

A liquid market with large volume, strong two way flows, and a small spread. Refer to thin market .

Supply of Monet restriction by the central bank by tightening credit qualifications , selling government bonds and or raising bank’s reserve needs.

Money that is borrowed at high rates of interest due to a tight monetary policy . Also known as dear money and is the opposite of easy money.

Lat In the Civil law . The name of a servitude which is the right of inserting a beam or timber from the wall of one house into that of […]

Lat. A civil-law term for building material; timber.

In old Saxon law. An accusation.

Wood felled for building or other such like use. In a legal sense it generally means (in England) oak, ash. and elm, but in some parts of England, and generally […]

A service by which tenants were bound to carry timber felled from the woods to the lord’s house. Cowell. TIME 1156 TIPSTAFF

lottery tickets, etc. See Allaire v. Howell Works Co., 14 N. J. Law, 24. In election law. A ticket is a paper upon which is written or printed the names […]

The measure of duration. The word is expressive both of a precise point or terminus and of an interval between two points. In pleading. A poiut in or space of […]

Method used to track and gather information on the time an employee spends on the job.

A reinsurance policy that get repaid on a schedule only on the loss expressed in that schedule. The insurer pays premium at current value .

Arrangement where a contractor is paid based on cost of direct labour and cost of materials, using equipment and an agreed upon additional payment covering contractor’s profits and overheads.

Method used to establish productivity standards for employees.

Stoppage put on exercising a claim or judgment after a period that was established by a law or custom.

Document showing hours worked by an employee.

Vessel or vehicle used for transporting for a fixed time period and the number of trips. See voyage charter .

Letter of credit providing acceptance of time drafts.

Daily change effecting the time value of a premium.

A deposit made by a bank to pay coupons. This is done until maturity when the funds can be accessed. Refer to lockup certificate of deposit , certificate of deposit, […]

Insurance covering on-going expenses from damage coming from an insured loss.