Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Crown loan
Tax. An interest-free demand loan, usu. from parent to child, in which the borrowed funds are invested and the income from the investment is taxed at the child's rate. ( This type of loan is named for one Harry Crown of Chicago, reputedly one of the first persons to use it. See kiddie tax under TAX.