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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 ...
Goldeneye estate. Goldeneye is the original name of novelist Ian Fleming's estate on Oracabessa Bay on the northern coastline of Jamaica.He bought 15 acres (6.1 ha) adjacent to the Golden Clouds estate in 1946 and built his home on the edge of a cliff overlooking a private beach.
The fixed monthly payment for a fixed rate mortgage is the amount paid by the borrower every month that ensures that the loan is paid off in full with interest at the end of its term. The monthly payment formula is based on the annuity formula. The monthly payment c depends upon: r - the monthly interest rate. Since the quoted yearly percentage ...
Balloon payment mortgages are more common in commercial real estate than in residential real estate today due to the prevalence of mortgages with longer periods of amortization, in particular, the 30-year fixed-rate mortgages. [3] A balloon payment mortgage may have a fixed or a floating interest rate.
The Redundancy Payments Act 1965 (c. 62) was an act of the Parliament of the United Kingdom that introduced into UK labour law the principle that after a qualifying period of work, people would have a right to a severance payment in the event of their jobs becoming economically unnecessary to the employer. The functions of the redundancy ...
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.
The Jamaica Stock Exchange is the principal stock exchange of Jamaica, also known as JSE. Incorporated in 1968, JSE opened in 1969 in Kingston, Jamaica . Today, the JSE is one of the largest stock exchanges in the Caribbean by size and market capitalization.
The Friendship and Greenwich was a plantation in Westmoreland Parish, Jamaica, north of Savanna-la-Mar on the Cabaritta River. [1] It was adjacent to the Mesopotamia estate. In 1875, it came up for sale at auction in London by order of the Court of the Commissioners for Sale of Incumbered Estates in the West Indies when it was in the ownership ...