Legal Dictionary of Pakistan

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

certificate of indebtedness

1. DEBENTURE. 2. TREASURY BILL. 3. CERTIFICATE OF DEPOSIT.

indebtedness

1. The condition or state of owing money. 2. Something owed; a debt.

investment indebtedness

Tax. Debt incurred by a taxpayer to acquire or carry assets that may produce income. ( The Internal Revenue Code limits the amount of deductible interest on this type of debt.

limitation on indebtedness

See DEBT LIMITATION.