Securities; The value of an asset or liability as it is recorded on the books. It is also the value of a company or a corporation by adding up the recorded value of the assets less all the recorded liabilities. This value does not include goodwill. … [Read more...]

Latin for It is the duty of a good judge to cause execution to issue on a judgment without delay. A good judge does not delay justice and implements justice with zeal and alacrity. … [Read more...]

A common phrase referring to the police station recording process of a person who has been arrested before putting them behind bars. The police record the arrested person's name, age, address and the reason for their arrest as well as the taking an inventory and custody of the arrested person's personal effects, followed by a mug shot photo and fingerprints. This phrase was … [Read more...]

Legal maxim and Latin for It is the duty of a good judge to prevent litigation. A good judge knows how to get cases settled that should be settled easily and avoiding needless litigation. … [Read more...]

The name for the person who keeps the books or performs accounting functions and records the financial data of a business. Usually refers to smaller business and the person who keeps the ledger. … [Read more...]