Tag: Political Economy
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Abrasion
Abrasion General Overview The abrasion or loss by wear and tear of the coins in use is an important factor in the cost of a metallic circulation. This differs between one country and another according to the hardness of the coin which results from the description of ALLOY employed, to the surface of the coin…
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Acknowledgment
Definition of Acknowledgment In accordance with the work A Dictionary of Law, this is a description of Acknowledgment : 1. The admission that a debt is due or a claim exists. Under the Limitation Act 1980, a written acknowledgment by a debtor or his agent causes the debt to be treated as if it […]
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Accrue
Accrue in the United Kingdom Accrue To arise or spring as a natural growth or result. Accrued interest is the interest due for the period which, at a given moment, has elapsed since the last payment of interest, as for the time being it increases the principal debt. The word is not always free from…
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Administration
Definition of Administration In accordance with the work A Dictionary of Law, this is a description of Administration : 1. The collection of assets, payment of debts, and distribution to the beneficiaries of property in the estate of a deceased person See also grant of representation 2. The […]
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Accumulation
Definition of Accumulation In accordance with the work A Dictionary of Law, this is a description of Accumulation : The continual addition of the income of a fund to the capital, so that the fund grows indefinitely. Before the Accumulation Act 1800 accumulation was permitted for the length of […]
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Economic Policy
Resources See Also Further Reading Economic Policy in the Encyclopedia of Britain Economic Policy in the Osborn's Concise Law Dictionary Economic Policy in the Halsbury's Laws of England Economic Policy in the Stroud's Judicial Dictionary of Words and Phrases Economic Policy in […]
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Account
Definition of Account In accordance with the work A Dictionary of Law, this is a description of Account : A right at common law and later (more importantly) in equity, requiring one party to a relationship (e.g. a partnership) to account to the other or others for moneys received or due. An […]
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Accommodation Bill
Definition of Accommodation Bill In accordance with the work A Dictionary of Law, this is a description of Accommodation Bill : A bill of exchange accepted by an accommodation party, i.e. a person who signs without receiving value and for the purpose of lending his name (i.e. his credit) to […]