contracts. Usually defined to be a naked bailment of goods to be kept for the bailor, without reward, and to be returned when he shall require it. Pothier defines it to be a contract, by which one of the contracting parties gives a thing to another to keep, who is to do so gratuitously, and obliges himself to return it when he shall be requested. 2. Deposits, in the civil law, … [Read more...] about DEPOSIT
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DEPRECTIATION
The recognition that an asset has a useful life and that each year its value will decrease as a result of wear and tear until it becomes of no value to the business. … [Read more...] about DEPRECTIATION
DEPOSITARY
The party receiving a deposit; one with whom anything is lodged in trust, as "depository" is the place where it is put The obligation on the part of the depositary is that he keep the thing with reasonable care, and, upon request, restore it to the depositor, or otherwise deliver it, according to the original trust. Law Dictionary - Alternative Legal Definition contracts. He … [Read more...] about DEPOSITARY
DEPREDATION
French law. The pillage which is made of the goods of a decedent. Ferr. Mod. h. t. … [Read more...] about DEPREDATION
DEPOSITATION
In Scotch law. Deposit or depositum, the species of bailment so called. Bell. … [Read more...] about DEPOSITATION
