Legal Dictionary of Pakistan

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

Lift

ub 1. To stop or put an end to; to revoke or rescind <lift the stay>. 2. To discharge or pay off (a debt or obligation) <lift a mortgage>. 3. Slang. To steal < lift a purse>.

Shoplifting

n. Theft of merchandise from a store or business; specif., larceny of goods from a store or other commercial establishment by willfully taking and concealing the merchandise with the intention of converting the goods to one's personal use without paying the purchase price. See LARCENY. - shoplift, ub. "Shoplifting is a form of larceny . . . . As a practical matter, however, the difficulty of proving the wrongful taking and the felonious intent requisites for a conviction under the general larceny statutes, together with the risk of retributory civil action against the shopkeeper consequent to acquittal of an accused shoplifter, have caused shoplifting to be established as a specific statutory crime in many jurisdictions." 50 Am. Jur. 2d Larceny ยง 71, at 79-80 (1995).

lifting costs

Oil & gas. The cost of producing oil and gas after drilling is complete but before the oil and gas is removed from the property, including transportation costs, labor, costs of supervision, supplies, costs of operating the pumps, electricity, repairs, depreciation, certain royalties payable to the lessor, gross-production taxes, and other incidental expenses.

motion to lift the stay

Bankruptcy. A party's request that the bankruptcy court alter the automatic bankruptcy stay to allow the movant to act against the debtor or the debtor's property, as when a creditor seeks permission to foreclose on a lien because its security interest is not adequately protected. - Also termed motion for relief from stay; motion to modify the stay.