Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

Abandum

n. [Law Latin] Hist. A thing that has been forfeited. - Also spelled abandun; abandonum.

Acta in uno judicio non probant in alio nisi inter easdem personas

Things done in one action cannot be taken as evidence in another, unless it is between the same parties.

Actore non probante, reus absolvitur

If the plaintiff does not prove his case, the defendant is acquitted.

Actori incumbit onus probandi

The burden of proof rests upon the plaintiff.

Arriere-ban

n. [french] hist. 1. A king's proclamation summoning vassals to military service. 2. The group of vassals so summoned.

Ban

ub. To prohibit, esp. By legal means.

Banc

[french] bench. See en banc.

Banco

1. A seat or bench of justice. See en banc. 2: a tract of land cut off by the shifting of a river's course; esp., land that has become cut off in such a manner from the country it originally belonged to. See avulsion

Bancus

[law latin "bench"] hist. English law. A court or tribunal.

Bancus reginae

See queen's bench.

Bancus regis

see king's bench.

Bancus superior

upper bench. ( the king's bench was so called during the protectorate (1653-1659). - abbr. B.s. - also termed bancus publicus ("public bench").

Bane. Hist

a malefactor or murderer; a person whose criminal act calls for the raising of the hue and cry.

Banish

see exile.

Bank

ub. 1. To keep money at <he banks at the downtown branch>. 2. To deposit (funds) in n bank <she banked the prize money yesterday. 3. Slang. To loan money to facilitate !a transaction) <who banked the deal?>. ( the lender's consideration usu. Consists of a fee or an interest in the property involved in the transaction

Bank acceptance

see banker's acceptance under acceptance (4) ;

Bank account

see accounts,

Bank bill.

see banknote

Bank charter

see charter

Bank credit

see credit

Bank discount

the interest that a bank °, ducts in advance on a note. See discoi?n'l _ bank draft see draft

Bank examiner

a federal or state official who audits banks with respect to their condition, management, and policies

Bank for cooperatives

a bank within a system of banks established to provide a permanent source of credit to farmers' cooperatives and supervised by the farm credit administration.

Bank fraud

the criminal offense of known :- , executing, or attempting to execute, a scheme or artifice to defraud a financial institution, or to obtain property owned by or under the con-or fraudulent pretenses, representations, or promises. 18 usca § 1344.

Bank holding company

a company that owns or controls one or more banks. 0 ownership or control of 25 percent is usu. Enough for this purpose. - abbr. Bhc.

Bank night

a lottery in which a prize is awarded to a person (often a theater patron) whose name is drawn randomly from a hopper.

Bank rate

see interest rate.

Bank secrecy act of 1970

a federal law requiring banks to maintain records of all transactions with depositors and to report to the u.s. treasury all deposits of more than $10,000.

Bank statement

see statement of account (i).

Bank-account trust

see totten trust under trust,

Bank-statement rule

commercial law. Principle that if a bank customer fails to examine a bank statement within a reasonable time (usu. No more than a year for a forged drawer's signature or alteration, and no more than three years for a forged indorsement), the customer is precluded from complaining about a forgery or material alteration. Ucc § 4-406.

Bankable paper

see paper,

Bankbook

see passbook

Banker

a person who engages in the business of banking.

Banker's acceptance

see acceptance

Banker's bill

see finance bill under bill

Banker's lien

see lien

Bankerout

adj. Achaicindebted beyond the means of payment; bankrupt-also spelled bankrout .

Banking

the business carried on by or with a bank.

Banking act of 1933

see glass-steagall act

Banking day

1. Banking hours on a day when a bank is open to the public for carrying on substantially all its banking functions. ( typically, if the bookkeeping and loan departments are closed by a certain hour, the remainder of that day is not part of that bank's banking day. 2. A day on which banks are open for banking business.

Banking game

a gambling arrangement in which the house (i.e., the bank) accepts bets from all players and then pays out winning bets and takes other bettors' losses.

Banknote

See BANKNOTE.

Bankrupt

n. 1. A person who cannot meet current financial obligations; an insolvent person. 2. Debtor (2).

Bankruptcy

1. The statutory procedure, usu. Triggered by insolvency, by which a person is relieved of most debts and undergoes a judicially supervised reorganization or liquidation for the benefit of that person's creditors. ( for various types of bankruptcy under federal law, see the entries at chapter. - also termed bankruptcy proceeding; bankruptcy case

Bankruptcy act

the bankruptcy act of 1898, which governed bankruptcy cases filed before october 1, 1979.

Bankruptcy case

see bankruptcy (1).

Bankruptcy clause

see ipso facto clause.

Bankruptcy code

the bankruptcy reform act of 1978 (as amended and codified in 11 usca), which governs bankruptcy cases filed on or after october 1, 1979.

Bankruptcy court

1. A u.s. district court that is exclusively concerned with administering bankruptcy proceedings. 2. The bankruptcy judges within a given district, considered as making up a court that is a subunit of a u.s. district court.