F

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

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

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

Eng. law. The name of a tax levied by authority of parliament for the use of the king, which consisted of one-fifteenth part of the goods of those who are subject to it. … [Read more...] about FIFTEENTH

A prolonged speech designed to obstruct the proceedings and voting with regard to a piece of legislature so that the issue of it passing is never reached. Usually referring to matters within the U.S. senate. … [Read more...] about FILIBUSTER