Search results
Results from the WOW.Com Content Network
Ex gratia (/ ˌ ɛ k s ˈ ɡ r eɪ ʃ (i) ə /; [1] also spelled ex-gratia) is Latin for "by favor", and is most often used in a legal context. When something has been done ex gratia, it has been done voluntarily, out of kindness or grace. In law, an ex gratia payment is a payment made without the giver recognising any liability or legal ...
An honorarium is an ex gratia payment, i.e., a payment made, without the giver recognizing themself as having any liability or legal obligation to the recipient for their volunteered services, or for services for which fees are not traditionally required.
Brokerage commissions are usually computed as a percentage of the sale price, and are established in a listing agreement between the seller and the listing broker. The listing broker may offer buyer agents a portion of their commission as an incentive to find buyers for the property. Payment is required if real estate brokerage service was used.
Refers to someone voluntarily performing an act purely from kindness, as opposed to for personal gain or from being compelled to do it. In law, an ex gratia payment is one made without recognizing any liability or obligation. ex hypothesi: from the hypothesis: Denoting "by hypothesis" ex ignorantia ad sapientiam; ex luce ad tenebras (e.i.)
The JSE is also recognized as one of the most sector-diverse exchanges in the Caribbean. The key sectors include banking and finance, retail, manufacturing, insurance, leisure, communications, conglomerate, and services and real estate. [4] The current chairman is Ian McNaughton and the deputy chairman is Gary Peart. The managing director is ...
Air Jamaica Ltd v Charlton [1999], UKPC 20, is an English trusts law case concerning resulting trusts. In this case, Lord Millett expressed the view that a resulting trust arises due to the absence of intention to benefit a recipient of money.
NCB Financial Group Limited is the parent company of the National Commercial Bank of Jamaica, the largest and most profitable financial institution in Jamaica. It is also the majority shareholder of Guardian Holdings Limited , [ 1 ] one of the largest insurance providers in the Caribbean, and of Clarien Group Limited , a banking and investment ...
Used in commerce to refer to ad valorem taxes, i.e., taxes based on the assessed value of real estate or personal property: ad victoriam: to/for victory: Used as a battle cry by the Romans. ad vitam aeternam: to eternal life: i.e., "to life everlasting". A common Biblical phrase ad vitam aut culpam: for life or until fault