Legal Dictionary of Pakistan

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

Grade

n. Criminal law. An incremental step in the scale of punishments for offenses, based on a particular offense's seriousness < several grades of murder>. See DEGREE (2).

Highgrade

ub. 1. To steal rich ore, as from a mine by a miner. 2. To mine only esp. valuable ore (such as gold).

graded offense

A crime that is divided into various degrees of severity with corresponding levels of punishment, such as murder (first-degree and second-degree) or assault (simple and aggravated). See DEGREE (2).

graded offense.

See OFFENSE (1)

high-grade security

A security issued by a company of sound financial condition and having the ability to maintain good earnings (e.g., a utility company security).

high-grade security.

See SECURITY.

investment-grade bond

A bond with a rating of BBB or better by the leading bond rating services. See INVESTMENT-GRADE RATING.

investment-grade rating

Any of the top four symbols (AAA, AA, A, or BAA) given to a bond after an appraisal of its quality by a securitiesevaluation agency such as Moody's. ( The rating indicates the degree of risk in an investment in the bond.

low-grade security

See SECURITY.

security grade

See SECURITY RATING.