A mode of computing time by the space of fifteen years, instituted by Constantine the Great; originally the period for the payment of certain taxes. Some of the charters of King Edgar and Henry III. are dated by indictions. Wharton. … [Read more...] about INDICTION , CYCLE OF
I
INDIVIDUAL
As a noun, this term denotes a single person as distinguished from a group or class, and also, very commonly, a private or natural person as distinguished from a partnership, corporation, or association ; but it is said that this restrictive signification is not necessarily inherent in the word, and that it may, in proper cases, include artificial persons. See Bank of U. S. v. … [Read more...] about INDIVIDUAL
INDICTMENT
An indictment is an accusation in writing found and presented by a grand jury, legally convoked and sworn, to the court in which it is impaneled, charging that a person therein named has done some act, or been guilty of some omission, which, by law, is a public offense, punishable on indictment. Code Iowa 1880, … [Read more...] about INDICTMENT
INDIVIDUAL RETIRMENT PLAN
Usually referred to as an IRA, it is a plan where a limited amount of income can be deposited annually and provides for tax benefits in future years as an individual nears retirement. … [Read more...] about INDIVIDUAL RETIRMENT PLAN
INDEMNITY
An indemnity is a collateral contract or assurance, by which one person engages to secure another against an anticipated loss or to prevent him from being damnified by the legal consequences of an act or forbearance on the part of one of the parties or of some third person. See Civ. Code Cal … [Read more...] about INDEMNITY
