Legal Dictionary of Pakistan

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

Carveout

n. 1. An explicit exception to a broad rule. 2. Tax. For tax purposes, the separation from property of the income derived from the property. ca. sa. See capias ad satisfaciendum under CAPI. AS.

carve

n. See CARUCATE.

carve (karv)

n. See CARUCATE.

carve out

vb. 1. To create an explicit exception to a broad rule. 2. Tax. To separate from property the income derived from the property.