GROUND-LAW

ground-law. A fundamental law. See FUNDAMENTAL LAW. “If the power of a sovereign or of a government is limited by a ground-law, written or unwritten, a treaty cannot override that constitution.” Theodore D. Woolsey, Introduction to the Study of International Law § 103, at 167 (5th ed. 1878). [Blacks Law 8th]

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GROUND LANDLORD

ground landlord.Hist. The grantor of an estate on which ground rent is reserved. See ground rent under RENT(1). [Blacks Law 8th]

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GROUNDAGE

groundage (grown-dij), n. Hist. Maritime law. A tax or toll levied on a vessel lying in port; the tax or toll so paid. [Blacks Law 8th]

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GROUND

ground,n. The reason or point that something (as a legal claim or argument) relies on for validity <grounds for divorce> <several grounds for appeal>. ground,vb.1. To provide a basis for (something, e.g., a legal claim or argument) <the decision was grounded on public policy>.2. To base (something, e.g., a legal principle or judicial decision) on…

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GROSS UP

gross up,vb. Slang. Tax. To add back to a decedent’s gross estate the gift taxes paid by the decedent or the de-cedent’s estate on gifts made by the decedent or the decedent’s spouse during the three-year period preceding the decedent’s death. IRC (26 USCA) § 2035. [Cases: Internal Revenue 4159(2). C.J.S. Internal Revenue § 514.]…

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GROSS-RENT MULTIPLIER

gross-rent multiplier.The ratio between the market value of rent-producing property and its annual gross rental income. • The gross-rent multiplier is used as a method to estimate a property’s market value. — Abbr. GRM. — Also termed gross-income multiplier. [Blacks Law 8th]

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