In old English law. A party accounting. Fleta, lib. 2, c. 71, 17. … [Read more...] about COMPOTARIUS
C
COMPTER
In Scotch law. An accounting party. … [Read more...] about COMPTER
COMPOUND
Referring to (1) multiple or several items, and/or (2) an addition which makes something worse, e.g. a compound crime or compound fracture. Law Dictionary - Alternative Legal Definition v. To compromise; to effect a composition with a creditor; to obtain discharge from a debt by the payment of a smaller sum. … [Read more...] about COMPOUND
COMPTROLLER
A person in charge of the financial accounts of a company or an organization. A public officer of a state or municipal corporation charged with certain duties in relation to the fiscal affairs of the same principally to examine and audit the accounts of collectors of the public money to keep records and report the finan cial situation from time to time. There are also officers … [Read more...] about COMPTROLLER
COMPOUND INTEREST
Interest allowed upon interest; for example, when a sum of money due for interest, is added to the principal, and then bears interest. This is not, in general, allowed. See Interest for money. Law Dictionary - Alternative Legal Definition Interest upon interest, i.e., when the interest of a sum of money is added to the principal, and then bears Interest, which thus becomes a … [Read more...] about COMPOUND INTEREST
