A business entity that deals with money, e.g. a bank, trust company, a securities exchange. … [Read more...] about FINANCIAL INSTITUTION
F
FINE PRO REDISSEISINA CAPIENDO
An old writ that lay for the release of one imprisoned for a redlsselsin, on payment of a reasonable fine. Reg. Orig. 222. … [Read more...] about FINE PRO REDISSEISINA CAPIENDO
FIFO
First in First Out. An accounting term concerning how to track costs of inventory which assumes that the first goods into storage are the first ones sold and removed from inventory. … [Read more...] about FIFO
FILIATION
The relation of a child to its parent; correlative to "paternity." o The judicial assignment of an illegitimate child to a designated man as its father. In the civil law. The descent of son or daughter, with regard to his or her father, mother, and their ancestors. … [Read more...] about FILIATION
FILUM AQUAE
The thread or middle of a water course. 2. It is a general rule, that in grants of lands bounded on rivers and streams above tide water, unless otherwise expressed, the grant extends usque ad filum aquae, and that not only the banks, but the bed of the river, and the islands therein, together with exclusive right of fishing, pass to the grantee. … [Read more...] about FILUM AQUAE
