Legal Dictionary of Pakistan

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

accounts receivable) and its current liabilities. - Also termed quick ratio; acid-test ratio, quick condemnation

See CONDEMNATION.

quick condemnation

The immediate taking of private property for public use, whereby the estimated reasonable compensation is placed in escrow until the actual amount of compensation can be established.3. An official pronouncement that a thing (such as a building) is unfit for use or consumption; the act of making such a pronouncement.