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ACCUMULATIVE LEGACY
accumulative legacy.See LEGACY. [Blacks Law 8th]
Read MoreACCUMULATIVE JUDGMENT
accumulative judgment.See JUDGMENT. [Blacks Law 8th]
Read MoreACCUMULATIVE DIVIDEND
accumulative dividend.See cumulative dividend under DIVIDEND. [Blacks Law 8th]
Read MoreACCUMULATIVE DAMAGES
accumulative damages.See DAMAGES. [Blacks Law 8th]
Read MoreACCUMULATIVE
accumulative (<<schwa>>-kyoo-my<<schwa>>-lay-tiv or -l<<schwa>>-tiv), adj. Increasing by successive addition; cumulative. [Blacks Law 8th]
Read MoreACCUMULATION TRUST
accumulation trust.See TRUST. [Blacks Law 8th]
Read MoreACCUMULATION
accumulation,n.1. The increase of a thing by repeated additions to it; esp., the increase of a fund by the repeated addition of the income that it creates. 2. The concurrence of several titles to the same thing. 3. The concurrence of several circumstances to the same proof. 4. The retention of dividends for future distribution. …
Read MoreACCUMULATIONS, RULE AGAINST
accumulations, rule against.The rule that a direction to accumulate income from property — the income to be distributed later to certain beneficiaries — is valid only if confined to the perpetuity period. Cf. RULE AGAINST PERPETUITIES . [Cases: Perpetuities 9. C.J.S. Perpetuities § 45.] [Blacks Law 8th]
Read MoreACCUMULATIO ACTIONUM
accumulatio actionum (<<schwa>>-kyoom-y<<schwa>>-lay-shee-oh ak-shee-oh-n<< schwa>>m). [Law Latin] Scots law. The accumulation of actions, which was permitted only in certain circumstances, as when a widow and her children jointly sued to recover damages for the husband’s and father’s death. [Blacks Law 8th]
Read MoreACCUMULATED SURPLUS
accumulated surplus.See SURPLUS. [Blacks Law 8th]
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