Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Charitable
adj. 1. Dedicated to a general public purpose, usu. for the benefit of needy people who cannot pay for benefits received <charitable contribution>. 2. Involved in or otherwise relating to charity <charitable foundation> charitable bequest. See BEQUEST.
charitable bequest
See BEQUEST.
charitable bequest.
A bequest given to a charitable organization. See CHARITABLE ORGANIZATION.
charitable contribution
1. A contribution of money or property to an organization engaged in charitable activities. 2. A contribution to a qualified nonprofit charitable organization. o Charitable contributions are deductible for certain tax purposes.
charitable corporation
A nonprofit corporation that is dedicated to benevolent purposes and thus entitled to special tax status under the Internal Revenue Code. - Also termed eleemosynary corporation. See CHARITABLE ORGANIZATION.
charitable deduction
A deduction for a contribution to a qualified charity or other tax-exempt institution. See CHARITABLE CONTRIBUTION (2); CHARITABLE ORGANIZATION.
charitable immunity
See IMMUNITY (2).
charitable organization
Tax. A tax-exempt organization that (1) is created and operated exclusively for religious, scientific, literary, educational, athletic, public-safety, or community service purposes, (2) does not distribute earnings for the benefit of private individuals, and (3) does not interfere in any way with political campaigns and decision-making processes. IRC (26 USCA) ยง 501(c)(3). - Also termed charity; 501(c)(3) organization.
charitable purpose
Tax. The purpose for which an organization must be formed so that it qualifies as a charitable organization under the Internal Revenue Code. - Also termed charitable use.
charitable remainder
See REMAINDER.
charitable remainder annuity trust
A charitable-remainder trust in which the beneficiaries receive for a specified period a fixed payment of 5% or more of the fair market value of the original principal, after which the remaining principal passes to charity.
charitable trust
See TRUST.
charitable use
See charitable trust under TRUST.
charitable-remainder trust
See TRUST.
commission of charitable uses
Hist. An authorization issuing out of the Court of Chancery to a bishop or other person authorizing the appointee to investigate allegations of fraud or other disputed matters concerning charitable land grants.