Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Confirmation
n. 1. The act of giving formal approval <Senate confirmation hearings>. 2. The act of verifying or corroborating; a statement that verifies or corroborates <the journalist sought confirmation of the district attorney's remarks>. 3. The act of ratifying a voidable estate; a type of conveyance in which a voidable estate is made certain or a particular estate is increased <deed of confirmation. 4. Civil law. A declaration that corrects a null provision of an obligation in order to make the provision enforceable. 5. Commercial law. A bank's agreement to honor a letter of credit issued by another bank. - confirmatory (ken-far-ma-tor-ee), adj. Cf. RATIFICATION.
confirmation of sale
A court's approval -usu. in the form of a docket entry or order - of the terms of a court-ordered sale.
confirmation slip
The form verifying a purchase or sale of a security, usu. mailed by the broker to the investor. - Also termed transaction slip; sold note. confirmatio perficiens. See CONFIRMATIO.
silent confirmation
A bank's confirmation based on the request of the beneficiary of the credit rather than the issuing bank.