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A commission paid to a salesperson out of each sale for which the salesperson is responsible. … [Read more...] about SALES COMMISSION

In maritime law. A compensation allowed to persons by whose assistance a ship or its cargo has been saved, in whole or In part from impending danger, or recovered from actual loss, in cases of shipwreck, derelict, or recapture. In the older books of the law, (and sometimes in modern writings,) the term ia also used to denote the goods or property saved. Equitable salvage. By … [Read more...] about SALVAGE

Fr. In French law. A judicial seizure or sequestration of property, of which there are several varieties. See infra. Saisie arret. An attachment of property in the possession of a third person. Saisie exe cution. A writ resembling that of fieri facias; denned as that species of execution by which a creditor places under the hand of justice (custody of the law) his debtor's … [Read more...] about SAISIE

Tax to be paid upon goods purchased, typically as a percentage of the purchase price and collected by the seller which is later remitted to the U.S. government. … [Read more...] about SALES TAX

The expenses incurred to remunerate services rendered to a ship and cargo, which have prevented its being a total loss. … [Read more...] about SALVAGE CHARGES