hat money. Maritime law. A small gratuity traditionally paid to the master (and sometimes the crew) of a ship for the care of the cargo. — Also termed pocket money; primage. [Cases: Shipping 69. C.J.S. Shipping § 158.] “Primage and average, which are mentioned in bills of lading, mean a small compensation or duty paid […]
Maritime law. A small gratuity traditionally paid to the master (and sometimes the crew) of a ship for the care of the cargo. — Also termed pocket money; primage. [Cases: Shipping 69. C.J.S. Shipping § 158.]
protection money. 1. A bribe paid to an officer as an inducement not to interfere with the criminal activities of the briber. • Examples include payments to an officer in exchange for the officer’s releasing an arrestee, removing records of traffic violations from a court’s files, and refraining from making a proper arrest. [Cases: Bribery
A defined-contribution plan that provides for mandatory employer contributions without regard to employer profits. • Contributions are frequently stated as a percentage of employee compensation. [Cases: Pensions 28. C.J.S. Pensions and Retirement Plans and Benefits §§ 11–15.]
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earnest money. A deposit paid (often in escrow) by a prospective buyer (esp. of real estate) to show a good-faith intention to complete the transaction, and ordinarily forfeited if the buyer defaults. • Although earnest money has traditionally been a nominal sum (such as a nickel or a dollar) used in the sale of goods,
marked money. Money that bears a telltale mark so that the money can be traced, usu. to a perpetrator of a crime, as when marked money is given to a kidnapper as ransom.
chattel (chat-[schwa]l). (usu. pl.) Movable or transferable property; personal property; esp., a physical object capable of manual delivery and not the subject matter of real property. “That Money is not to be accounted Goods or Chattels, because it is not of it self valuable ….Chattels are either personal or real. Personal, may be so called
condemnation money. 1. Damages that a losing party in a lawsuit is condemned to pay. 2. Compensation paid by an expropriator of land to the landowner for taking the property.
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