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TANGIBLE PERSONAL PROPERTY

by Law Professor

Personal property that is physical such as cars, clothing, jewelry. This is as opposed to intangible property such as stocks or bonds or checking accounts. … [Read more...] about TANGIBLE PERSONAL PROPERTY

TAVERN-KEEPER

by Law Professor

One who keeps a tavern. One who keeps an inn; an innkeeper. … [Read more...] about TAVERN-KEEPER

TALITER PROCESSUM EST

by Law Professor

Upon pleading the judgment of an inferior court the proceedings preliminary to such judgment, and on which the same was founded, must to some extent appear in the pleading, but the rule is that they may be alleged with a general allegation that "such proceedings were had," instead of a detailed account of the proceedings themselves, and this general allegation is called the … [Read more...] about TALITER PROCESSUM EST

TANGIBLE PROPERTY

by Law Professor

That which may be felt or touched; it must necessarily be corporeal, but it may be real or personal. A house and a horse are, each, tangible property. The terni is used in contradistinction to property not tangible. By the latter expression, is; meant that kind of property which, though in possession as respects the right, and, consequently, not strictly choses in action, yet … [Read more...] about TANGIBLE PROPERTY

TAX

by Law Professor

An amount of money (usually expressed as a percentage of the purchase price) which government imposes upon persons and business entities so as to fund the costs of government. Common taxes include sales tax on purchases of goods, on the earning of income and gain on the sale of property. Law Dictionary - Alternative Legal Definition (verb) - To impose a tax; to enact or declare … [Read more...] about TAX

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