Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Asset allocation
the spreading of funds between different types of investments with the intention of decreasing risk and increasing return
Locatio
n. [Latin] Roman & civil law. Any contract by which the use of the thing bailed, or the use of the labor or services, is stipulated to be given for a compensation. 0 This type of contract benefits both parties. -Also termed lease; hiring.
Location
1 The specific place or position of a person or thing. 2. The act or process of locating. 3. Real estate. The designation of the boundaries of a particular piece of land, either on the record or on the land itself. 4. Mining law. The act of appropriating a mining claim. - Also termed mining location. See MINING CLAIM. 5. The claim so appropriated. 6. Civil law. A contract for the temporary use of something for hire; a leasing for hire. See LOCATIO.
Relocation
1. Removal and establishment of someone or something in a new place. 2. Mining law. Appropriation of a new tract of land for a mining claim, as by an owner who wishes to change the boundaries of the original tract or by a stranger who wishes to claim an abandoned or forfeited tract. 3. Civil law. RECONDUCTION (1). Cf. TACIT RELOCATION.
ablocation
Archaic. The leasing of property for money. Cf. LOCATIO.
allocation
n. a designation or apportionment, for a specific purpose; esp., the crediting of a receipt or the charging of a disbursement to an account <allocation of funds>. - ;alocate, ub. - allocable, adj. - allocator, n
allocatione facienda
n. see de allocatione facienda.
de allocatione facienda
n. [Law Latin "for making allowance"] Hist. A writ directed to the treasurer and barons of the Exchequer allowing certain officers (such as accountants and customs collectors) to have in their accounts the funds necessary to make certain payments.
doctrine of practical location
The principle by which adjacent landowners resolve uncertainties over land boundaries by permanently fixing the boundaries by agreement. - Also termed boundary by agreement; boundary by acquiescence.
locatio conduction
n. [Latin] A letting for hire. ( This is one of three types of contract for permissive use, the other two being commodatum and mutuum.
locatio custodiae
n. [Latin] The hiring of care or service, as when the bailee is to protect the thing bailed.
locatio operarum
n. [Latin] A contract in which an employer hires a worker to perform labor or services on material supplied by the employer for a specified price. - Also termed locatio operis faciendi. Cf. REDEMPTIO OPERIS.
locatio operis faciendi
n. [Latin "the letting of a job to be done"] See locatio operarum.
locatio operis mercium aehendarum
n. [Latin "the letting of the job of carrying goods"] A bailment in which goods are delivered to the bailee for transport elsewhere.
locatio rei
n. [Latin "letting of a thing"] The hiring of a thing for use, by which the hirer gains the temporary use of the thing; a bailment or lease in which the bailee or lessee may use the item for a fee.
mining location
See LOCATION (4), (5).
relocatio
[Latin] Civil law. The renewal of a lease; RECONDUCTION (1).
tacit relocation
Civil law. The implied or constructive renewal of a lease, usu. on a year-toyear basis, when the landlord and tenant have failed to indicate their intention to have the lease terminated at the end of the original term.
tacit-relocation doctrine
The principle under which a lease is presumed to continue (usu. For a one-year period) beyond its expiration date because of the parties' failure to indicate that the agreement should terminate at the stipulated date.