Search Results for: PRO RATA

short rate cancellation

short rate cancellation 以短期费率退费方式注销 指保险合同提前结束时,按短期费率计算保险有效期的保费后,将余额返还给被保险人,保险合同终止。一般保险合同的解除、无效、终止、停效等,返还保费均有计算标准,包括比例退费(pro rata)与短期费率退费两类。凡保险合同终止归因于被保险人的,多采用短期费率退费方式,因为保险人已发生固定的营业费用,故以短期计算保费。

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pecunia

pecunia (pi-kyoo-nee-[schwa]), n. [Latin] Hist. 1. Money. 2. Real or personal property. pecunia certa (pi-kyoo-nee-[schwa] s[schwa]r-t[schwa]). [Latin] A definite sum of money. pecunia constituta (pi-kyoo-nee-[schwa] kon-sti-t[y]oo-t[schwa]). [Latin “fixed sum of money”] Roman law. See pactum de constituto under PACTUM. pecunia non numerata (pi-kyoo-nee-[schwa] non n[y]oo-m[schwa]-ray-t[ schwa]). [Latin “money not paid”] Roman law. A defense that

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valuation list

valuation list. Hist. An inventory of all the ratable hereditaments in a parish, each item in the inventory recording the name of the occupier, the owner, the property, the extent of the property, the gross estimated rental, and the ratable value. • The list was traditionally prepared by the overseers of each parish.

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open entry

A conspicuous entry onto real property to take possession; an entry that is neither clandestine nor carried out by secret artifice or stratagem and that (by law in some states) is accomplished in the presence of two witnesses.

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cost depletion

cost depletion. Oil & gas. The recovery of an oil-and-gas producer’s basis (i.e., investment) in a producing well by deducting the basis proportionately over the producing life of the well. Treas. Reg. § 1.611–2. Cf. PERCENTAGE DEPLETION . “Under cost depletion, the taxpayer in an oil and gas property deducts the basis in the property

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contribution

contribution. 1. The right that gives one of several persons who are liable on a common debt the ability to recover ratably from each of the others when that one person discharges the debt for the benefit of all; the right to demand that another who is jointly responsible for a third party’s injury supply

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emptio

emptio (emp-shee-oh), n. [Latin “purchase”] Roman & civil law. The act of buying; a purchase. — Also spelled emtio. Pl. emptiones. emptio bonorum (b[schwa]-nor-[schwa]m). [Latin “purchase of goods”] A type of forced assignment for the benefit of creditors, involving a public sale of an insolvent debtor’s estate whereby the purchaser succeeded to all the debtor’s

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trap

trap, n. 1. A device for capturing living creatures, such as a pitfall, snare, or machine that shuts suddenly. mantrap. A booby-trap; esp., a device to catch a trespasser or burglar. • A mantrap is not illegal if it is designed merely to sound an alarm and not cause bodily harm. Illegal mantraps include manufactured

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entry

entry, n. 1. The act, right, or privilege of entering real property (they were given entry into the stadium). forcible entry. See FORCIBLE ENTRY. lawful entry. 1. The entry onto real property by a person not in possession, under a claim or color of right, and without force or fraud. 2. The entry of premises

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