Download Black's Law Dictionary 5th Edition by Henry Campbell Black PDF

By Henry Campbell Black

Black's legislation Dictionary: Definitions of the phrases and words of yankee and English Jurisprudnce, historic and sleek, fifth version

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See Accumulative divi­ dends; Dividend (Cumulative). Accrued alimony. paid. Accrued depreciation. Amount reserved each year in the accounting system for replacement of asset. Por­ tion of useful service life which has expired. State ex reI. City of St. Louis v. Public Service Commission, 34 1 Mo. 2d 749, 768. A loss which is not restored by current maintenance, and which is due to all factors involved causing ultimate retire­ ment of the property, including wear, tear, decay, and inadequacy. Iowa-Illinois Gas & Elec.

Of counsel; a counsellor. The term is used in the civil law by some writers instead of a responsis. A contrario sensu ley kQntreriyow sensyuw I . other hand; in the opposite sense. On the Acquainted. Having personal, familiar, knowledge of a person, event, or thing. "Acquaintance" expresses less than familiarity; familiarity less than intimacy. Acquaintance springs from occasional intercourse, fa­ miliarity from daily intercourse, intimacy from unre­ served intercourse. Atkins Corporation v. 2d 480, 483.

Accounts comprising mutual cred­ its between the parties; or an existing credit on one side which constitutes a ground for credit on the other, or where there is an understanding that mutual debts shall be a satisfaction or set-off pro tanto be­ tween the parties. Open account. An account which has not been final­ ly settled or closed, but is still running or open to future adjustment or liquidation. Open account, in legal as well as in ordinary language, means an in­ debtedness subject to future adjustment, and which may be reduced or modified by proof.

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