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In old English law. A measure of corn, conjectured to have been the same with our quarter, or eight bushels. Cowell. … [Read more...] about ACHERSET

In French law. Certain goods pay higher export duties when exported to a foreign country than when they are destined for another French port. In order to prevent fraud, the administration compels the shipper of goods sent from one French port to another to give security that such goods shall not be sent to a foreign country. The certificate which proves the receipt of the … [Read more...] about ACQUIT A CAUTION

Lat. In the Roman law. Daily acts; the public registers or journals of the daily proceedings of the senate, assemblies of the people, courts of justice, etc. Supposed to have resembled a modern newspaper. Brande. creta. 8 Coke, 146&. External acts indicate undisclosed thoughts. Acta in uno judicio non probant in alio nisi inter easdem personas. Things done in one action … [Read more...] about ACTA DIURNA

In statutes relative to the taxation of corporations this term refers to the fund which the company has in excess of its capital and liabilities. Trenton Iron Co. v. Yard, 42 N. J. Law, 357; People's F. Ins. Co. v. Parker, 35 N. J. Law, 575; Mutual Ben. L. Ins. Co. v. Utter, 34 N. J. Law, 489; Mills v. Brit ton, 64 Conn. 4, 29 Atl. 231, 24 L. R. A. 536. … [Read more...] about ACCUMULATED SURPLUS

To take note of or admit to something. Also with regard to legal documents where a person signing will acknowledge or specifically note that they are aware of something in the document which is bearing that person's signature. See also acknowledgement. Law Dictionary - Alternative Legal Definition To own, avow, or admit; to confess; to recognize one's acts, and assume the … [Read more...] about ACKNOWLEDGE