basis point
basis point. One-hundredth of 1%; .01%. • Basis points are used in computing investment yields (esp. of bonds) and in apportioning costs and calculating interest rates in real-estate transactions.
Search Results for: YIELD
hold out
hold out, vb. 1. To represent (oneself or another) as having a certain legal status, as by claiming to be an agent or partner with authority to enter into transactions (even though he was only a promoter, Schwartz held himself out as the principal). [Cases: Principal and Agent 99.] 2. To refuse to yield or
return
return, n. 1. A court officer’s bringing back of an instrument to the court that issued it; RETURN OF WRIT (a sheriff’s return of citation). [Cases: Execution 330–347. C.J.S. Executions §§ 320–334.] 2. A court officer’s indorsement on an instrument brought back to the court, reporting what the officer did or found (a return of
low grade security
A security with low investment quality. • Low-grade securities usu. offer higher yields to attract capital. See high-yield bond under BOND(3).
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surrender of charter
Corporations. The dissolution of a corporation by a formal yielding of its charter to the state under which it was created and the subsequent acceptance of that charter by the state. [Cases: Corporations 610(1). C.J.S. Corporations §§ 835–837.]
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yeoman
yeoman (yoh-m[schwa]n). 1. Hist. An attendant in a royal or noble household. 2. Hist. A commoner; a free-holder (under the rank of gentleman) who holds land yielding 40 shillings per year. “A yeoman is he that hath free land of forty shillings by the year; who was thereby qualified to serve on juries, vote for
recognition
recognition, n. 1. Confirmation that an act done by another person was authorized. See RATIFICATION. [Cases: Principal and Agent 170(2).C.J.S. Agency § 88.] 2. The formal admission that a person, entity, or thing has a particular status; esp. a nation’s act in formally acknowledging the existence of another nation or national government. 3. Parliamentary law.
produce
produce (proh-doos), n. The product of natural growth, labor, or capital; esp., agricultural products. produce (pr[schwa]-doos), vb. 1. To bring into existence; to create. 2. To provide (a document, witness, etc.) in response to subpoena or discovery request. 3. To yield (as revenue). 4. To bring (oil, etc.) to the surface of the earth.
concession
concession, n. 1. A government grant for specific privileges. 2. The voluntary yielding to a demand for the sake of a settlement. 3. A rebate or abatement. 4. Int’l law. A contract in which a country transfers some rights to a foreign enterprise, which then engages in an activity (such as mining) contingent on state
gavelgeld
gavelgeld (gav-[schwa]l-geld). Hist. 1. Property that yields a profit or a toll. 2. The tribute or toll itself.