This is a species of tenure, where land is held of another in perpetuity at a yearly rent without fealty, homage, or other services than such as are specially comprised in the feoffment. It corresponds very nearly to the "emphyteusis" of the Roman law. Fee-farm is where an estate in fee is granted subject to a rent in fee of at least one-fourth of the value of the lands at the … [Read more...] about FEE-FARM
F
FEDERAL TAXES
Taxes that are owed and paid pursuant to the Internal Revenue Code and in addition to state, city or municipal tax. … [Read more...] about FEDERAL TAXES
FEES
compensation. Certain perquisites allowed by law to officers concerned in the administration of justice, or in the performance of duties required by law, as a recompense for their labor and trouble.2. The term fees differs from costs in this, that the former are, as above mentioned, a recompense to the officer for his services, and the latter, an indemnification to the, party … [Read more...] about FEES
FEASANCE
A doing; the doing of an act. See MALFEASANCE; MISFEASANCE; NONFEASANCE. A making; the making of an indenture, release, or obligation. Litt s 371; Dyer, (Fr. Ed.) 56b. The making of a statute. Kellw. lb. … [Read more...] about FEASANCE
FEDERAL BENEFIT RATE
Social Security; The portion of Social Security Insurance that is paid by the federal government. States may also add a supplementary insurance benefit. … [Read more...] about FEDERAL BENEFIT RATE