Law Dictionary

As used in this section, the term “net savings” means, for any period, the borrower's gross receipts, less the operating and other expenses deductible therefrom in accordance with

For purposes of this subsection, the term “net section 1231 gain” means the excess of— (A) the section 1231 gains, over (B) the section 1231 losses.

For purposes of this subsection, the term “net section 1231 loss” means the excess of— (A) the section 1231 losses, over (B) the section 1231 gains.

The term “net section 1256 contract gain” means the lesser of— (i) the capital gain net income for the taxable year determined by taking into account only gains and losses from sec

For purposes of paragraph (1), the term “net section 1256 contracts loss” means the lesser of— (A) the net capital loss for the taxable year determined by taking into account only

The term “net section 482 transfer price adjustment” means, with respect to any taxable year, the net increase in taxable income for the taxable year (determined without regard to

For purposes of this paragraph, the term “net share rental” means the excess of— (I) the value of the produce received by the lessor of the land on which such produce is grown, ove

The term “net short-term capital gain” means the excess of short-term capital gains for the taxable year over the short-term capital losses for such year.

The term “net short-term capital loss” means the excess of short-term capital losses for the taxable year over the short-term capital gains for such year.

The term “netting contract”— (i) means a contract or agreement between 2 or more financial institutions, clearing organizations, or members that provides for netting present or fut

The net tonnage of a vessel is the difference between the entire cubic contents of the interior of the vessel numbered in tons and the space occupied by the crew and by propelling

For purposes of this section, in the case of any constructive ownership transaction with respect to any financial asset, the term "net underlying long-term capital gain"

The term “net unearned income” means the excess of— (i) the portion of the adjusted gross income for the taxable year which is not attributable to earned income (as defined in sect

For purposes of subparagraph (A), the term “net United States real property gain” means the excess of— (i) the aggregate of the gains for the taxable year from dispositions of Unit

For purposes of this subsection, the term “net unrealized appreciation” means, with respect to the assets of a corporation, the amount by which— (i) the unrealized appreciation in

The term “net unrealized built-in gain” means the amount (if any) by which— (A) the fair market value of the assets of the S corporation as of the beginning of its 1st taxable year

The terms “net unrealized built-in gain” and “net unrealized built-in loss” mean, with respect to any old loss corporation, the amount by which— (I) the fair market value of the as

The term “net unrelated income” means— (I) in the case of a controlled entity which is not exempt from tax under section 501(a), the portion of such entity’s taxable income which w

The term “net unrelated loss” means the net operating loss adjusted under rules similar to the rules of clause (i).

The term “net value” means the market value at the time of application of the assets (as defined in subsection (f)), minus the outstanding liabilities or indebtedness against the a

The term "net water storage benefit" means an increase in the volume of water that is— (A) stored in 1 or more aquifers; and (B) (i) available for use within the authoriz

The weight of an article or collection of articles, after deducting from the gross weight the weight of the boxes, covenngs. casks, etc., containing the same. The' weight of an ani

The term "network" means— (A) with respect to health care services, such services provided to beneficiaries by TRICARE-authorized civilian health care providers who have

For purposes of subparagraph (A), the term “network area” means, for a plan year, an area which the Secretary identifies (in the Secretary’s announcement of the proposed payment ra

For purposes of subparagraph (B), the term “network-based plan” means— (I) except as provided in clause (ii), a Medicare Advantage plan that is a coordinated care plan described in

a facility or equipment used in the provision of a telecommunications service.

The term “network fee” means any fee charged and received by a payment card network with respect to an electronic debit transaction, other than an interchange transaction fee.

"networking and information technology" means high-end computing, communications, and information technologies, high-capacity and high-speed networks, special purpose and

The term “network member bank” means an insured depository institution that is a member of a deposit placement network.

The term “network plan” means health insurance coverage of a health insurance issuer under which the financing and delivery of medical care are provided, in whole or in part, throu

In this subparagraph, the term “network provider” includes any provider, group of providers, or entity that has a network provider agreement with a managed care organization, a pre

The term “network station” means— (A) a television station licensed by the Federal Communications Commission, including any translator station or terrestrial satellite station that

the term “net worth” means capital, paid-in and contributed surplus, unassigned surplus, contingency reserves, group contingency reserves, and special reserves; / the term “net wor

the Government, having concluded that the taxpayer's records are inadequate as a basis for determining income tax liability, attempts to establish an 'opening net worth' or total n

The term “net worth ratio” means, with respect to a credit union, the ratio of the net worth of the credit union to the total assets of the credit union.

The net worth technique, as used in this case, is not a method of accounting different from the one employed by defendants. It is not a method of accounting at all, except insofar

old Eng. law. The name of a writ which issued to relieve a tenant upon whom his lord had distrained for more services than he was bound to perform. It was a prohibition to the lord

Never married.

In pleading. A plea by which the party who uses it denies that the plaintiff is an executor, as he claims to be; or that the defendant is executor, as the plaintiff in his declarat

Never receiver.

L. Fr. (Never seised of a dowable estate.) In pleading. The general issue in the action of dower unde nil habet, by which the tenant denies that the demandant's husband was ever se

In pleading. A plea by which a defendant denies the right of a widow who sues for and demands her dower in lands, etc., late of her husband, because the husband was not, on the day

In pleading. The name of a plea in an action of account render, by which the defendant affirms that he never was receiver of the plaintiff. 12 Viner, Abr. 183. NE VARIETUR (Lat. th

In medical Jurisprudence. A condition of weakness or exhaustion of the general nervous system, giving rise to various forms of mental and bodlly inefficiency.

"neurocognitive disorder" means a disorder that is characterized by a clinically significant decline in cognitive functioning and may include symptoms and signs such as d

“neutral” means an individual who, with respect to an issue in controversy, functions specifically to aid the parties in resolving the controversy;

Petitioner is entitled to a neutral and detached judge in the first instance.

the inferences from the facts which lead to the complaint 'be drawn by a neutral and detached magistrate instead of being judged by the officer engaged in the often competitive ent

The term “neutral and objective criteria” means criteria that do not favor certain regions beyond what is appropriate for the elimination or reduction of regional disparities withi

So far from such documents, when intended only as a cover, affording any protection to the property, they render the party resorting to them doubly criminal, by the scene of fraud

If two nations are at war, a neutral power shall not do any act, in favor of the commercial, or military, operations of one of them; or, in other words, it shall not, by treaty, af

Acts of congress which forbid the fitting out and equipping of armed vessels, or the enlisting of troops, for the aid of either of two bslligerent powers with which the United Stat

A proclamation by the president of the United States, issued on the outbreak of a war between two powers with bath of which the United States is at peace, announcing the neutrality

This is precisely the legal idea of a neutral nation: It implies two nations at war, and a third in friendship with both.

War notoriously exists, and is recognised by our government to exist, between Spain and her colonies. This is an appeal to the highest of all tribunals on a question of right. No n

The term "Neutral Nations Supervisory Commission" means the delegations from Sweden and Switzerland (or successor delegations) appointed in accordance with the Korean War

The principles of international law recognized by this government, leaving the treaty aside, will not permit the ports of the United States to be thus used by belligerents. If such

neutral principles of law, developed for use in all property disputes, which can be applied without 'establishing' churches to which property is awarded

Neutral property cannot be captured: For, while the character of neutrality is preserved, such property is the property of a friend, on which the rights of war cannot attach

The distinction between the purchase of vessels of war from the belligerent, in time of war, by neutrals, in a neutral port, and of merchant vessels, is founded on reason and justi

Parties having no relation to either the dispute or the industry in which it arose; a business wholly outside the economic context of the real dispute, of a person whose relation t

where goods, destined ultimately for a belligerent port, are being conveyed between two neutral ports by a neutral ship, under a charter made in good faith for that voyage, and wit

it was the plain duty of a neutral claiming to be engaged in trade with Matamoras, under circumstances which warranted close observation by the blockading squadron, to keep his ves

The term "neutron flux" means the intensity of neutron radiation measured as a rate of flow of neutrons applied over an area.

The term "neutron source" means a research machine that provides neutron irradiation services for— (A) research on materials sciences and nuclear physics; and (B) testing

One of the United States of America. It was admitted Into the Union, Oct. 31, 1864. Its boundaries were defined by an enabling act, approved March 21, 1864, as amended by the act o

Lest it be changed, a notary’s mark to identify a negotiable instrument.

The general issue in an action of debt on simple contract.

PLEA OF, A species of traverse which occurs in actions of debt on simple contract, and is resorted to when the defendant means to deny in point of fact the existence of any express

The term “new” means, with respect to housing, that no assistance has been provided under this subchapter for the housing.

The term “new acquisition program” means a defense acquisition program that has not reached the initiation of the engineering and manufacturing development phase, or an equivalent

For purposes of this subsection, the term “new advanced lean burn technology motor vehicle” means a passenger automobile or a light truck— (A) with an internal combustion engine wh

The term “new aircraft” means a civil aircraft that a manufacturer has not begun to assemble before the aircraft is covered by a contract under section 9513 of this title .

The phrase used in the patent laws to describe the two qualities of an invention or discovery which are essential to make it patentable, viz., novelty, or the condition of having b

A phrase used in the act of congress relating to patents for inventions. See Patent.

The term “new animal drug” means any drug intended for use for animals other than man, including any drug intended for use in animal feed but not including such animal feed,— (1) t

In this section, the term “new appointee” means— (1) a person newly appointed or reinstated to Federal service to the Administration to— (A) a career or career-conditional appointm

The term "new approved graduate medical residency training program" means an approved graduate medical residency training program for which the sponsoring qualified teach

In the law governing the administration of estates, this term denotes assets coming into the hands of an executor or administrator after the expiration of the time when, by statute

A restatement of the cause of action by the plaintiff, with more particularity and certainty, but consistently with the general statement in the declaration. Steph. PI. 241; 20 Joh

The term “new automobile” means an automobile the equitable or legal title to which has never been transferred by a manufacturer, distributor, or dealer to an ultimate purchaser.

The term “newborn, infant, and young child hearing screening” means objective physiologic procedures to detect possible hearing loss and to identify newborns, infants, and young ch

The term “new budget authority” means, with respect to a fiscal year— (i) budget authority that first becomes available for obligation in that year, including budget authority that

The term “new building” means a new construction, including at least the pouring or construction of new foundation and floor, the erection of a new structure and roof, and installa

New bus model.—The term "new bus model" means a bus model (including a model using alternative fuel)— (A) that has not been used in public transportation in the United St

With reference to the amendment of pleadings, this term may refer to a new state of facts out of which liability is claimed to arise, or it may refer to parties who are alleged to

The term “new capital” means any amount received by the real estate investment trust— (I) in exchange for stock (or certificates of beneficial interests) in such trust (other than

In this section, the term “new capital asset” means— (1) an acquisition program that does not have an approved acquisition program baseline; or (2) the acquisition of a capital ass

“new capital investment” means a capital investment for a project, facility, or separable unit or feature of a project or facility, placed in service after September 30, 1996;

Amendments in causes where the statute of limitations has run, * * * will not as a rule be held to state a new cause of action if the facts alleged show substantially the same wron

The term “new chemical substance” means any chemical substance which is not included in the chemical substance list compiled and published under section 2607(b) of this title .

The term "new clean vehicle" means a motor vehicle— (A) the original use of which commences with the taxpayer, (B) which is acquired for use or lease by the taxpayer and

A collection of imperial constitutions in twelve books, promulgated in 534, so called in reference to a code promulgated by Justinian in 529. 1 Steph. Com. 33.

The term “new commercial enterprise” means any for-profit organization formed in the United States for the ongoing conduct of lawful business, including sole proprietorship, partne

The term “new construction project” means a construction project for which no funds have been obligated or expended as of November 24, 2003. / The term "new construction proje

The term “new contract” means any contract, entered into on or after November 9, 1978, for the first sale of natural gas which was not previously subject to an existing contract.

The term "new contracting party" means an entity that enters into a contract under sections 5342 to 5348 of this title after December 31, 2018.

the term “new covered funding award” means an award of covered funding that is made based on an application submitted to the Commission on or after the date on which rules are prom

For purposes of this section, the term “new covered product” means a covered product the title of which has not passed to a purchaser who buys such product for purposes other than

In this subsection, the term "new covered program" means a covered program that has not previously been covered in a notice and justification under this subsection.