Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Conusance
Hist. 1. Cognizance; jurisdiction. ( The word conusance is actually an archaic form of cognizance. See COGNIZANCE (1); CLAIM OF COGNIZANCE. 2. JUDICIAL NOTICE. 3. An acknowledgment (of a debt, act, or opposing claim). ( Examples of conusance include an acknowledgment in replevin that the defendant took the sued-for goods, or an acknowledgment in a land transfer (by fine) that the grantee is entitled to the land. See FINE (1).
Usance
The time allowed for the payment of a foreign bill of exchange, sometimes set by custom but now usu. by law.
claim of conusance
See CLAIM OF COGNIZANCE.
usance credit
See time letter of credit under LETTER OF CREDIT.