Legal Dictionary of Pakistan

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

aggregate

n. an assemblage of particulars; an agglomeration <aggregate of interests > .

aggregate concept.

an approach to taxing business organizations whereby an organization is viewed as a collection of its individual owners, not as a separate taxable entity

aggregate corporation.

see corporation.

aggregate demand

1. The total amount spent on goods and services in an economy during a specific period. 2. The total demand for a firm's products and services during a specific period.

aggregate demand.

see demand (3)

aggregate income

The combined income of a husband and wife who file a joint tax return.

aggregate income.

see income

aggregate sentence

A sentence that arises from a conviction on multiple counts in an indictment.

aggregate sentence.

see sentence.

aggregate supply

The total amount of goods and services generated in an economy during a specific period.

aggregate supply.

see supply.

aggregate theory of partnership

the theory that a partnership does not have a separate legal existence (as does a corporation), but rather is only the totality of the partners who make it up. cf. entity theory of partnership.

aggregate,

vb. to collect into a whole <aggregate the claims>.

corporation aggregate

See CORPORATION,