out of the money
out of the money, adj. (Of a creditor) unpaid because a debtor has insufficient assets to pay the claim.
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first money in， first money out
first money in， first money out (资金的)先进先出法 是一项用以确定银行对某项不断发生存取活动的银行存款的留置权是否存在的规则。根据该项规则，银行的某一特定信贷额度并不被视为已经动用，直到存款人提取一笔大于信贷额设定之前的原账户余额的存款，并且当存款人的提款额等于原账户余额与信贷额度之和时，该信贷额才算使用完毕。(→banker’s lien)
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head money
head money. 1. A tax on people who fit within a designated class; a poll tax. See capitation tax, poll tax under TAX. [Cases: Taxation 106. C.J.S. Taxation §§ 1671–1672.] 2. A bounty offered by a government for a prisoner taken at sea during a naval engagement. • This bounty is divided among the officers
money purchase plan
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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money
money. 1. The medium of exchange authorized or adopted by a government as part of its currency; esp. domestic currency (coins and currency are money). UCC § 1-201(b)(24). 2. Assets that can be easily converted to cash (demand deposits are money). 3. Capital that is invested or traded as a commodity ( the money market).
capital outlay
capital outlay. 1. CAPITAL EXPENDITURE. 2. Money expended in acquiring, equipping, and promoting a business.
special purpose entity
special-purpose entity. A business established to perform no function other than to develop, own, and operate a large, complex project (usu. called a single-purpose project), esp. so as to limit the number of creditors claiming against the project. • A special-purpose entity provides additional protection for project lenders, which are usu. paid only out of
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vitium reale
vitium reale (vish-ee-[schwa]m ree-ay-lee). [Latin “true error”] Hist. & Scots law. A defect in a title that renders the movable property nontransferable; specif., an inherent vice in the title of anyone who holds a stolen thing, even if acquired honestly, so that the true owner can reclaim it. Cf. LABES REALIS QUAE REI INHAERET. “A
draw
draw, vb. 1. To create and sign (a draft) (draw a check to purchase goods). 2. To prepare or frame (a legal document) (draw up a will). 3. To take out (money) from a bank, treasury, or depository (she drew $6,000 from her account). 4. To select (a jury) (the lawyers began voir dire and