Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Bear raid. Slang
high-volume stock selling by a large trader in an effort to drive down a stock price in a short time. ( bear raids are prohibited by federal law. - also termed bear drive.
action for money paid.
See Action
best bid.
See BID (1),
competitive bid.
A bid submitted in response to public notice of an intended sale or purchase.
firm bid.
A bid that, by its terms, remains open and binding until accepted or rejected. 0 A firm bid usu. contains no unusual conditions that might defeat acceptance.
grant-in-aid.
1. A sum of money given by a governmental agency to a person or institution for a specific purpose; esp., federal funding for a state public program. 2. Hist. AID (1).
ibid.
abbr. [Latin ibidem] In the same place. ( This abbreviation, used in citations (mostly outside law), denotes that the reference is to a work cited immediately before, and that the cited matter appears on the same page of the same book (unless a different page is specified). - Also termed ib. Cf. ID.
id.
abbr. [Latin idem] The same. ( Id. is used in a legal citation to refer to the authority cited immediately before <id. at 55>. Cf IBID.
open bid.
A bid that the bidder may alter after submission so as to meet competing bids.
sealed bid.
A bid that is not disclosed until all submitted bids are opened and considered simultaneously.