Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

Worthless

adj. Totally lacking worth; of no use or value.

worthless check

See bad check.

worthless person

Archaic. A person who owns nothing.

worthless security

A security that has lost its value, for which a loss (usu. capital) is allowed for tax purposes. IRC (26 USCA) ยง 165.