Law Dictionary Definitions

find,vb. To determine a fact in dispute by verdict or decision <find guilty> < found that no duty existed>. Cf. HOLD(2).[Blacks Law 8th]

FinCEN.abbr.FINANCIAL CRIMES ENFORCEMENT NETWORK.[Blacks Law 8th]

financing statement.A document filed in the public records to notify third parties, usu. prospective buyers and lenders, of a secured party’s security interest in goods or real property. See UCC § 9-102(a)(39). Cf. FINANCIAL STATEMENT . [Cases: Secured Transactions 92. C.J.S. Secured Transactions §§ 65–66.][Blacks Law 8th]

financing agency.See AGENCY(1).[Blacks Law 8th]

financing,n.1. The act or process of raising or providing funds. 2. Funds that are raised or provided. — finance,vb. asset-based financing.A method of lending in which lenders and investors look primarily to the cash flow from a particular asset for repayment. construction financing.See interim financing. debt financing.The raising of funds by issuing bonds or notes…

financial statement. 1. A balance sheet, income statement, or annual report that summarizes an individual’s or organization’s financial condition on a specified date or for a specified period by reporting assets and liabilities. — Also termed financial report. Cf. FINANCING STATEMENT. certified financial statement.A financial statement examined and reported by an independent public or certified…

Financial Services Agency.The regulatory body that oversees the United Kingdom’s financial-services industry, including exchanges and related entities. — Formerly termed Securities and Investment Board.[Blacks Law 8th]

financial secretary.1.SECRETARY. 2.TREASURER.[Blacks Law 8th]

financial-responsibility clause.Insurance. A provision in an automobile insurance policy stating that the insured has at least the minimum amount of liability insurance coverage required by a state’s financial-responsibility law. [Cases: Insurance 2737, 2756. C.J.S. Insurance §§ 422, 1027, 1031.][Blacks Law 8th]

financial-responsibility act.A state statute conditioning license and registration of motor vehicles on proof of insurance or other financial accountability. [Cases: Automobiles 43; Insurance 2737.C.J.S. Insurance §§ 1027, 1031; Motor Vehicles §§ 223–224.][Blacks Law 8th]