Legal Dictionary of Pakistan

Accountable

adj. Responsible; answerable <the company was held accountable for the employee's negligence>. - accountability, n. accountable receipt. See RECEIPT.

Arrestable offense

see offense (1).

Batable ground

land of uncertain ownership. & batable (or debatable) ground originally referred to certain lands on the border of england and scotland before the 1603 union of the two kingdoms.

Charitable

adj. 1. Dedicated to a general public purpose, usu. for the benefit of needy people who cannot pay for benefits received <charitable contribution>. 2. Involved in or otherwise relating to charity <charitable foundation> charitable bequest. See BEQUEST.

Court of the Lord High Constable and Earl Marshal

Hist. A court having jurisdiction over diverse military matters, such as treason, prisoners of war, and disputed coats of arms. ( The Lord High Constable and the Earl Marshal were the top military officials of the Norman kings. After the office of Lord High Constable was forfeited in 1521, the court continued on as the Court of the Earl Marshal, but its jurisdiction was reduced to questions of chivalry only. Cf. HIGH COURT OF CHIVALRY.

Equitable asset

an asset that is subject to payment only in a court of equity.

Equitable assignment

an assignment that, although not legally valid, will be recognized and enforced in equity - for example, an assignment of a chose in action or of future acquisitions of the assignor. ( to accomplish an "equitable assignment," there must be an absolute appropriation by the assignor of the debt or fund sought to be assigned. Fly

Marketable

adj. Of commercially acceptable quality; fit for sale and in demand by buyers. -Also termed merchantable. marketable security. See SECURITY. marketable title. See TITLE (2).

Nonforfeitable

adj. Not subject to forfeiture. See FORFEITURE.

Patentable

adj. Capable of being patented <patentable processes>.

Statutable

adj. 1. Prescribed or authorized by statute. 2: Conformed to the legislative requirements for quality, size, amount, or the like. 3. (Of an offense) punishable by law. See STATUTORY.

Suitable

adj. (Of goods, etc.) fit and appropriate for their intended purpose.

Table

vb. To postpone consideration of (a pending bill or proposal) with no commitment to resume consideration unless the motion to table specifies a later date or time.

Testable

adj. 1. Capable of being tested <a testable hypothesis>. 2. Capable of making a will <an 18-year-old person is testable in this state>. 3. Capable of being transferred by will <today virtually all property is considered testable >.

Twelve Tables

Roman law. The earliest surviving legislation enacted by the Romans, written on 12 tablets in the 5th century B.C. ( The Tables set out all the main rights and duties of Roman citizens, including debtors' rights, family law, criminal law, wills, torts, and public law. They substituted a written body of laws, easily accessible and binding on all citizens of Rome, for an unwritten usage accessible to only a few. The law of the Twelve Tables was also known as the Lex Duodecim Tabularum. "The Twelve Tables continued to be recognized for many centuries as the fundamental law of the Romans; they did not formally lose this character until it was taken from them by the legislation of Justinian." James Hadley, Introduction to Roman Law 74-75 (1881).

Untenantable

adj. Not capable of being occupied. or lived in; not fit for occupancy <the city closed the untenantable housing project>.

abatable nuisance

A nuisance so easily removable that the aggrieved party may lawfully cure the problem without notice to the liable party, such as overhanging tree branches.

abominable and detestable crime against nature

See SODOMY.

accountable receipt

A receipt coupled with an obligation.

action in equity. An action that seeks equitable relief, such as an injunction or specific performance, as opposed to damages.

actuarial table.

An organized chart of statistical data indicating life expectancies for people in various categories (such as age, family history, and exposure to chemicals). 0 Actuarial tables are usu. admissible in evidence. - Also termed expectancy table; mortality table; mortuary table. Cf. LIFE TABLE.

adjustable-rate mortgage

A mortgage in which the lender can periodically adjust the mortgage's interest rate in accordance with fluctuations in some external market index. - Abbr. ARM. - Also termed variablerate mortgage; flexible-rate mortgage.

adjustable-rate mortgage.

See MORTGAGE.

american experience table of mortality. insurance.

a chart developed by insurers in the 1860s to predict mortality rates and thereby more accurately set insurance rates. 0 the table was widely used by insurers to establish rates until the 1950s.

arrestable offense

. English law. An offense for which the punishment is fixed by law or for which a statute authorizes imprisonment for five years, or an attempt to commit such an offense. ( This statutory category, created in 1967, abolished the traditional distinction between felonies and misdemeanors. - Also spelled (esp. in BrE) arrestable offence.

bond table

A schedule used in determining a bond's current value by its coupon rate, its time to maturity, and its effective yield if held to maturity.

caveatable

adj. Of or relating to a legal or equitable interest that is protectable by a caveat. See CAVEAT (2), (3).

charitable bequest

See BEQUEST.

charitable bequest.

A bequest given to a charitable organization. See CHARITABLE ORGANIZATION.

charitable contribution

1. A contribution of money or property to an organization engaged in charitable activities. 2. A contribution to a qualified nonprofit charitable organization. o Charitable contributions are deductible for certain tax purposes.

charitable corporation

A nonprofit corporation that is dedicated to benevolent purposes and thus entitled to special tax status under the Internal Revenue Code. - Also termed eleemosynary corporation. See CHARITABLE ORGANIZATION.

charitable deduction

A deduction for a contribution to a qualified charity or other tax-exempt institution. See CHARITABLE CONTRIBUTION (2); CHARITABLE ORGANIZATION.

charitable immunity

See IMMUNITY (2).

charitable organization

Tax. A tax-exempt organization that (1) is created and operated exclusively for religious, scientific, literary, educational, athletic, public-safety, or community service purposes, (2) does not distribute earnings for the benefit of private individuals, and (3) does not interfere in any way with political campaigns and decision-making processes. IRC (26 USCA) § 501(c)(3). - Also termed charity; 501(c)(3) organization.

charitable purpose

Tax. The purpose for which an organization must be formed so that it qualifies as a charitable organization under the Internal Revenue Code. - Also termed charitable use.

charitable remainder

See REMAINDER.

charitable remainder annuity trust

A charitable-remainder trust in which the beneficiaries receive for a specified period a fixed payment of 5% or more of the fair market value of the original principal, after which the remaining principal passes to charity.

charitable trust

See TRUST.

charitable use

See charitable trust under TRUST.

charitable-remainder trust

See TRUST.

chattel vegetable

A movable article of a vegetable origin, such as timber, undergrowth, corn, and fruit.

commission of charitable uses

Hist. An authorization issuing out of the Court of Chancery to a bishop or other person authorizing the appointee to investigate allegations of fraud or other disputed matters concerning charitable land grants.

constable

n. 1. A peace officer responsible for minor judicial duties, such as serving writs and warrants, but with less authority and smaller jurisdiction than a sheriff. 2. In the United Kingdom, a police officer; also, the title of a police officer. -

constablewick

Hist. In the United Kingdom, the territorial jurisdiction of a constable. Cf. BAILIWICK.

depletable economic interest

A mineral-land interest subject to depletion by the removal (by drilling or mining) of the mineral that is the subject of the interest.

disputable presumption

See rebuttable presumption.

distributable net income

The amount of distributions from estates and trusts that the beneficiaries will have to include in income.

e'table life estate

An interest in real or

equitable

adj. 1. Just; conformable to principles of justice and right. 2. Existing in equity; available or sustainable by an action in equity, or under the rules and principles of equity.

equitable abstention

A federal courts r fraining from interfering with a state admin- istrative agency's decision on a local matter when the aggrieved party has adequate relief in the state courts.