Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Avoidance
n. 1. The act of evading or escaping <avoidance of tax liability>. See tax avoidance. 2. The act of refraining from (something) <avoidance of an argument>. 3. Voidance <avoidance of the agreement>. 4. Confession and avoidance <the defendant filed an avoidance in an attempt to avert liability>. -avoid, ub.
confession and avoidance
A plea in which a defendant admits allegations but pleads additional facts that deprive the admitted facts of an adverse legal effect. * For example, a plea of contributory negligence (before the advent of comparative negligence) was a confession and avoidance. - Also termed avoidance; plea in confession and avoidance; plea of confession and avoidance.
lien avoidance
Bankruptcy. A debtor's depriving a creditor of a security interest in an asset of the bankruptcy estate. 11 USCA ยงยง 506(d), 522(f).
plea in confession and avoidance
See CONFESSION AND AVOIDANCE.
plea of confession and avoidance
See CONFESSION AND AVOIDANCE.
tax avoidance
The act of taking advantage of legally available tax-planning opportunities in order to minimize one's tax liability. Cf. TAX EVASION.