Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Asset under management
A securities portfolio for which an investment adviser provides ongoing, regular supervisory or management services.
Asset under management.
see asset.
Labor-Management Relations Act
A federal statute, enacted in 1947, that regulates certain union activities, permits suits against unions for proscribed acts, prohibits certain strikes and boycotts, and provides steps for settling strikes involving national emergencies. 29 USCA ยงยง 141 et seq. - Also termed TaftHartley Act. See NATIONAL LABOR RELATIONS BOARD.
Management
The people in a company who are responsible for its operation.
absentee management
See absentee landlorc under LANDLORD. absentee voting. See VOTING.
case-management order
A court order designed to control the procedure in a case on the court's docket, esp. by limiting pretrial discovery. - Abbr. CMO.
growth management.
Land-use planning. The regulation of a community's rate of growth through ordinances that restrict the issuance of residential building permits. See ZONING.
labor-management relations
The broad spectrum of activities concerning the relationship between employers and employees, both union and nonunion. See FAIR LABOR STANDARDS ACT; NATIONAL LABOR RELATIONS ACT; NATIONAL LABOR RELATIONS BOARD.
management buyout
1. A buyout of a corporation by its own directors and officers. 2.A leveraged buyout of a corporation by an outside entity in which the corporation's management has a material financial interest. - Abbr. MBO. See GOING PRIVATE.
management company
Any investment company that is neither a face-amount certificate company nor a unit-investment trust. See investment company; face-amount certificate company; unit-investment trust under TRUST.
management fee
See FEE (1).
middle management
People who manage operations within a company and execute top management's directives.
risk management
The procedures or systems used to minimize accidental losses, esp. to a business.
top management
See MANAGEMENT.
upper management
See top management under MANAGEMENT.