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Custody Custody
CUSTODY The care, possession, and control of a thing or person. The retention, inspection, guarding, maintenance, or security of a thing within the immediate care and control of the person to whom it is committed. The detention of a person by lawful authority or process. For example, in a... Read more
Dramatic irony Dramatic irony
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irony irony
irony figure of speech in which what is stated is not what is meant. The user of irony assumes that his reader or listener understands the concealed meaning of his statement. Perhaps the simplest form of irony is rhetorical irony, when, for effect, a speaker says the direct opposite of what she... Read more
commit commit
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Retroactive Retroactive
RETROACTIVE Having reference to things that happened in the past, prior to the occurrence of the act in question. A retroactive or retrospective law is one that takes away or impairs vested rights acquired under existing laws, creates new obligations, imposes new duties, or attaches a new and... Read more
embezzlement embezzlement
embezzlement wrongful use, for one's own selfish ends, of the property of another when that property has been legally entrusted to one. Such an act was not larceny at common law because larceny was committed only when property was acquired by a "felonious taking," i.e., when the act was... Read more
Business Trust Business Trust
BUSINESS TRUST An unincorporated business organization created by a legal document, a declaration of trust, and used in place of a corporation or partnership for the transaction of various kinds of business with limited liability. The use of a business trust, also called a Massachusetts trust or... Read more
New Plan Realty Trust New Plan Realty Trust
New Plan Realty Trust 1120 Avenue of the AmericasNew York, New York 10036U.S.A.(212) 869-3000Fax: (212) 302-4776 Public CompanyIncorporated: 1961 as New Plan Realty CorporationEmployees: 125Sales: $76.3 millionStock Exchanges: New York ChicagoSICs: 6798 Real Estate Investment Trusts The... Read more
Alliances Alliances
AlliancesBIBLIOGRAPHYIn the technical language of statesmen and scholars the term “alliance” signifies a promise of mutual military assistance between two or more sovereign states. Although some propagandistic advantages may be gained by applying the term to loose agreements for cooperation, such as... Read more
Entity Entity
ENTITY A real being; existence. An organization or being that possesses separate existence for tax purposes. Examples would be corporations, partnerships, estates, and trusts. The accounting entity for which accounting statements are prepared may not be the same as the entity defined by law.... Read more

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