defeasance (di-feez-[schwa]nts), n. 1. An annulment or abrogation; VOIDANCE. 2. The fact or an instance of bringing an estate or status to an end, esp. by conditional limitation. 3. A condition upon the fulfillment of which a deed or other instrument is defeated or made void; a contractual provision containing such a condition. — Also […]
An amount subtracted directly from one’s total tax liability, dollar for dollar, as opposed to a deduction from gross income. — Often shortened to credit. Cf. DEDUCTION(2). [Cases: Internal Revenue 3520–3537; Taxation 1047. C.J.S. Internal Revenue §§ 58, 336–357, 489–492; Taxation § 1758.]
FPA.abbr. Free from particular average. “F.P.A. means Free from Particular Average; that is to say, the insured can recover only where the loss is total or is due to a general average sacrifice. The claims under the Sue and Labour clause are not affected by this stipulation.” 2 E.W. Chance, Principles of Mercantile Law 128
conviction rate. Within a given area or for a given time, the number of convictions (including plea bargains) as a percentage of the total number of prosecutions undertaken.
The total amount of goods and services generated in an economy during a specific period.
Insurance. 1. A London insurance mart where individual underwriters gather to quote rates and write insurance on a wide variety of risks. 2. A voluntary association of merchants, shipowners, underwriters, and brokers formed not to write policies but instead to issue a notice of an endeavor to members who may individually underwrite a policy by
free of all average. Maritime law. Insurance that covers a total loss only. — Abbr. FAA.
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Property. The common-law doctrine requiring a future interest to vest by the time it is to become possessory or else suffer total destruction (the interest then reverting to the grantor). The doctrine could be avoided by the use of trustees to preserve contingent remainders. • This doctrine has been abolished in all but a few
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总计的，总数的 英语：aggregate (adjective) 法语：collectif, total, global 德语：gesamt, im ganzen, alles zusammengerechnet 意大利语：complessivo, totale in genere 西班牙语：agregado