SIPESSOCUA

In old English law. A franchise, liberty, or hundred. … [Read more...] about SIPESSOCUA

Sales Inventory and Operations Plan … [Read more...] about SIOP

A fund arising from particular taxes, imposts, or duties, which is appropriated towards the payment of the interest due on a public loan and for the gradual payment of the principal. See Funding System. … [Read more...] about SINKING FUND

construction. In grammar the singular is used to express only one, not plural. Johnson. 2. In law, the singular frequently includes the plural. A bequest to my nearest relation, for example, will be considered as a bequest to all the relations in the same degree, who are nearest to the testator. A bequest made to my heir, by a person who had three heirs, will be construed in … [Read more...] about SINGULAR

A term used among merchants signifying that the entry is made to charge or to credit an individual or thing, without, at the same time, presenting any other part of the operation; it is used in contradistinction to double entry. For example, a single entry is made, A B debtor, or A B creditor, without designating what are the connexions between the entry and the objects which … [Read more...] about SINGLE ENTRY