Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Displacement
1. Removal from a proper place or position <displacement of a file> <displacement of an officer>. 2. A replacement; a substitution <displacement of the lawyer with another. 3. A forced removal of a person from the person's home or country, esp. because of war <displacement of refugees>. 4. A shifting of emotional emphasis from one thing to another, esp. to avoid unpleasant or unacceptable thoughts or tendencies <emotional displacement > .
Placement
1. The act of selling a new issue of securities or arranging a loan or mortgage. 2. The act of finding employment for a person, esp. as done by an employment agency.
direct placement
1. The sale by a company, such as an industrial or utility company, of an entire issue of securities directly to a lender (such as an insurance company or group of investors), instead of through an underwriter. This type of offering is exempt from SEC filing requirements. 2. PRIVATE PLACEMENT (1).
foster-care placement
The (usu. temporary) act of placing a child in a home with a person or persons who provide parental care for the child.
private placement
1.The placement of a child for adoption by a parent, lawyer, doctor, orprivate agency, but not by a government agency. - Also termed direct placement. 2. See private offering under OFFERING.
replacement cost
The cost of acquiring an asset that is as equally useful or productive as an asset currently held.
replacement insurance
Insurance under which the value of the loss is measured by the current cost of replacing the insured property. See replacement cost under COST.
replacement-cost depreciation method
See DEPRECIATION METHOD. replacement insurance See INSURANCE.