Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Traveler
n. A person who passes from place to place, for any reason.
commercial-traveler rule
The principle that an accident will be treated as occurring during the course of employment if it was caused by an employee whose job requires travel, and the employee was not on a personal errand. ( The commercial-traveler rule is an exception to the going-and-coming rule. commercial treaty. See TREATY.
traveler's check
A cashier's check that must be signed by the purchaser at the time of purchase and countersigned when cashed; an instrument that (1) is payable on demand, (2) is drawn on or payable at or through a bank, (3) is designated by the term "traveler's check" or by a substantially similar term, and (4) requires, as a condition to payment, a countersignature by a person whose specimen signature appears on the instrument. UCC ยง 3-104(i). 0 Traveler's checks, which are available in various denominations, are typically purchased from a bank or financing company.
traveler's letter of credit
See LETTER OF CREDIT.