Law Dictionary

A bailment of goods to a creditor, as engagement; a pledge.

The term “pawnbroker” means any person whose business or occupation includes the taking or receiving, by way of pledge or pawn, of any firearm as security for the payment or repaym

He who receives a pawn or pledge.

One who, being liable to an engagement, gives to the person to whom he is liable a thing to be held as a security for the payment of his debt or the fulfillment of his liability. P

Peace.

Lat. In old English law. The peace of the church. A particular privilege attached to a church; sanctuary, (q. v.) Crabb, Eng. Law, 41; Cowell.

The peace of the church.

The peace of the king.

“pay” means— (A) basic pay, premium pay paid under subchapter V, any payment received under subchapter VI, VII, or VIII, severance and back pay paid under subchapter IX, sick pay,

A fixed and definite amount given by law to persons in military service in consideration of and as compensation for their personal services. Sherburne v. U. S., 16 Ct. Cl. 496. See

A sum of money is said to be payable when a person is under an obligation to pay it. "Payable" may therefore signify an obligation to pay at a future time, but, when used without q

The terms “correspondent account” and “payable-through account” have the meanings given those terms in section 5318A of title 31 . / The terms “account”, “correspondent account”, a

the term “pay agent” means the agent designated by the President under section 5304(d)(1);

“pay and allowances” means— (A) basic pay; (B) special pay; (C) incentive pay; (D) basic allowance for housing; (E) basic allowance for subsistence; and (F) station per diem allowa

such advertiser-supported national cable programming as the Cable News Network (CCN) and the Entertainment and Sports Programming Network (ESPN).

The person in whose favor a note or bill of exchange is made payable.

The term “payee statement” means any statement required to be furnished under— (A) section 6031(b) or (c), 6034A, or 6037(b) (relating to statements furnished by certain pass-thru

One who pays or who Is to make a payment; particularly the person who is to make payment of a bill or note. Correlative to "payee."

The term “pay for outcomes initiative” means a performance-based grant, contract, cooperative agreement, or other agreement awarded by a public entity in which a commitment is made

The term "pay-for-performance agreement" means a mutual benefit agreement (excluding a procurement contract, grant agreement, or cooperative agreement described in chapte

The term "pay-for-performance beneficiary" means a State or local government, an Indian Tribe, or a nonprofit or for-profit organization that— (A) repays capital loaned u

The term “pay-for-performance contract strategy” means a procurement strategy that uses pay-for-performance contracts in the provision of training services described in section 317

The term "pay-for-performance investor" means a State or local government, an Indian Tribe, or a nonprofit or for-profit organization that provides upfront loaned capital

The term "pay-for-performance project" means a project that— (A) would provide or enhance a recreational opportunity; (B) is conducted on— (i) National Forest System land

The term "pay-for-performance project developer" means a nonprofit or for-profit organization that serves as an intermediary to assist in developing or implementing a pay

Subject to subparagraph (B), the term “pay for success initiative” means a performance-based grant, contract, or cooperative agreement awarded by a State or local public entity (su

The term “PAYGO legislation” or a “PAYGO Act” refers to a bill or joint resolution that affects direct spending or revenue relative to the baseline. The budgetary effects of change

The term “PAYGO legislation” or a “PAYGO Act” refers to a bill or joint resolution that affects direct spending or revenue relative to the baseline. The budgetary effects of change

the term “paying agent” includes any issuer, transfer agent, broker, dealer, investment adviser, indenture trustee, custodian, or any other person that accepts payments from the is

The term “paying bank” means— (i) the bank by which a check is payable, unless the check is payable at or through another bank and is sent to the other bank for payment or collecti

the term “payload” means an object which a person undertakes to launch, and includes subcomponents of the launch vehicle specifically designed or adapted for that object; / the ter

the term “payload integration services” means activities involved in integrating multiple payloads into a single payload for launch or integrating a payload with a launch vehicle;

the term “locality” or “pay locality” means any locality, as established or modified under section 5304;

An officer of the army or navy whose duty is to keep the pay-accounts and pay the wages of the officers and men. Any official charged with the disbursement of public money. —Paymas

In English law. The officer who makes the various payments out of the public money required for the different departments of the state by issuing drafts on the Bank of England. Swe

A note of the debtor himself, or of a third party, is never considered as a payment of a precedent debt, unless there be a special agreement to that effect.

The term “payment acres” means 85 percent of the base acres of a covered commodity on a farm, as established under section 7911 of this title , on which direct payments and counter

The term "payment amount benchmark period" means the period beginning January 1, 2021, and ending in the month immediately prior to October 1, 2021.

The term “payment amount benchmark quarter” means the calendar quarter beginning July 1, 2021.

The term “payment bond” means a bond conditioned upon the payment by the principal of money to persons under contract with him.

The term “payment calculation base” means, for any calendar year— (i) in connection with a title II disability beneficiary, the average disability insurance benefit payable under s

The term “payment card” means any card which is issued pursuant to an agreement or arrangement which provides for— (A) one or more issuers of such cards, (B) a network of persons u

The term “payment card network” means an entity that directly, or through licensed members, processors, or agents, provides the proprietary services, infrastructure, and software t

The term “payment card transaction” means any transaction in which a payment card is accepted as payment.

“payment certifying agency” means any agency that has transmitted a voucher to a disbursing official for disbursement.

The term “payment, clearing, or settlement activity” means an activity carried out by 1 or more financial institutions to facilitate the completion of financial transactions, but s

The term “payment date” means the date on which the payment is made or received.

In this paragraph, the term “payment error rate” has the meaning given the term in section 2025(c)(2) of this title . / the term “payment error rate” means the sum of the point est

The term “payment for an ineligible good or service” includes a payment for any good or service that is rejected under any provision of any contract, grant, lease, cooperative agre

The payment of a protested bill for the honour of another, is only a mode of becoming the holder, and although against the will of the parties to it, they thus become debtors to th

The term “payment instrument” means a check, draft, warrant, money order, traveler's check, electronic instrument, or other instrument, payment of funds, or monetary value (other t

Deposit of a sum of money with a proper officer of court for the benefit of the adverse party, and by way of a continuing tender thereof to him in answer to his claim.

"payment law" means— (A) the Act of June 20, 1910 (ch. 310, 36 Stat. 557); (B) section 33 of the Bankhead-Jones Farm Tenant Act (7 U.S.C. 1012); (C) the Act of May 23, 19

In the legal sense payment of a prize to a winner of a contest is the discharge of a contractual obligation. The acceptance by the contestants of the offer tendered by the sponsor

The term “payment or other transfer of value” means a transfer of anything of value. Such term does not include a transfer of anything of value that is made indirectly to a covered

“payment period” means each 1-year period beginning on October 1 of the years 1994 through 2000;

Appropriation, Application, application of a payment to one tween the same parties. If the creditor may apply the payment to Fa.jB,/r. Country, v. Pais.

In cases like the present, of long and running accounts, where debits and credits are perpetually occurring, and no balances are otherwise adjusted than for the mere purpose of mak

The term “payment settlement entity” means— (A) in the case of a payment card transaction, the merchant acquiring entity, and (B) in the case of a third party network transaction,

Investments purchased with money received in settlement of benefits are not such payments due or to become due.

The term “payment stablecoin”— (A) means a digital asset— (i) that is, or is designed to be, used as a means of payment or settlement; and (ii) the issuer of which— (I) is obligate

The term “payments to be received” includes— (A) the aggregate amount of all payments which are not contingent as to amount, and (B) the fair market value of any payments which are

The term “payments with respect to securities loans” includes all amounts received in respect of a security (as defined in section 1236(c)) transferred by the owner to another pers

A payment to an executor, or administrator, can be no satisfaction to a surviving partner, who has the sole right of suing for, and of receiving the monies, due to the company.

It is reasonable that a man who denies the legality of a tax should have a clear and certain remedy. The rule being established that, apart from special circumstances, he cannot in

a transaction where protest has been made in accordance with the requirement of section 2931, and not 'at or before payment' of the estimated duties.

For purposes of this subsection, the term “payment unit” means a discharge.

Payment upon a claim means payment on account or in part as distinguished from one made and accepted as payment in full.

For purposes of this paragraph, paragraph (4), and paragraph (5), the terms “certified EHR technology”, “eligible hospital”, “EHR reporting period”, and “payment year” have the mea

The term “payment yield” means the yield established under section 7912 of this title for a farm for a covered commodity. / The term “payment yield” means the yield assigned to a f

The term “payor” means, with respect to any reportable payment, a person required to file a return described in paragraph (2) or (3) of subsection (b) with respect to such payment.

retirement benefits, the nondiscrimination clause must include them as well.

The term “pay-per-call services” has the meaning provided in section 228(i) of title 47, except that the Commission by rule may, notwithstanding subparagraphs (B) and (C) of sectio

For purposes of this chapter, if the services performed during one-half or more of any pay period by an employee for the person employing him constitute employment, all the service

As used in this section, the term "payphone service" means the provision of public or semi-public pay telephones, the provision of inmate telephone service and advanced c

The term "payroll administrator" means— (i) in the case of an individual who is a Member of the House of Representatives, the Chief Administrative Officer of the House of

the term “payroll costs”— (I) means— (aa) the sum of payments of any compensation with respect to employees that is a— (AA) salary, wage, commission, or similar compensation; (BB)

The term "payroll data provider" means payroll providers, wage verification companies, and other commercial or non-commercial entities that collect and maintain data rega

For purposes of this chapter, the term "payroll period" means a period for which a payment of wages is ordinarily made to the employee by his employer, and the term &quot

The Social Security Act imposes upon every employer 'an excise tax, with respect to having individuals in his employ.' This excise has been represented as one levied 'upon the rela

The term “payroll taxes” means— (i) amounts required to be withheld from the employees of the tax-exempt eligible small employer under section 3401(a), (ii) amounts required to be

Country. Trial per pays, trial by jury (the country). See "Pais." PEACE (Law Fr, peas,' pees; hat. pax). Quiet,_ orderly behavior; the quiet, orderly behavior of the citizens or su

The term “pay status participant” means, with respect to a plan, a participant receiving retirement benefits under the plan. / The term “pay status participant” means, with respect

i 1. A royal privilege, or ' branch of the king's prerogative, subsisting in the hands of a subject.^ A special privilege conferred by government upon individuals, and which does n

; PRElfDEE. F. To take, seize. The right to take a thing before it is offered. Whence " it lies m prendre, but not in render.'" See Profit, A prendre.

See Advowson.

A case primce impressionis (of the first impression) is a case of a new kind, to which no established principle of law or precedent directly applies, and which must be decided enti

Subject to the authority of the Secretary, the Chief Operating Officer of a PBO may exercise the authority of the Secretary to procure property and services in the performance of f

A written statement, in legal form, of what has been said and done in the presence of an ofS.cial, and of what he does in the matter.^

1. A person who, in a popular or penal action (3. v.), prosecuted offenders in the name of the crown and of himself. He was a common informer; he promoted charges. ^ 2. A person wh

That which is provided, arranged, or stipulated for: as, the provisions of a contract, of a will, of a constitution, statute, treaty. A rule or doctrine established by judicial dec

Temporary; for the time being: as, a provisional — assignee, com- ■ mittee, court, injunction or other remedy. PEOVISIOIfS. See Geoceeies; Health; Maeket; Perishable. The "provisio

A purveyor. Cowel. Also, one who sued to the court of Rome for a provision. Jacob.

I In the civil law. A paternal or hereditary estate; property; fortune; private, exclusive or individual property; property in general. Patrimonii mnniis: ati office of fortune; on

Pleas of the crown; privy council.

A fault; a sin. Peccatum peccato addit, qui culpae quam facit patrocinium defensionis adjungit: he adds sin to sin, who joins to the fault which he has committed the protection of

For purposes of this paragraph, the term “PCLP loan” means any loan guaranteed under this section.

The term "PDMP" means a prescription drug monitoring program that is State-controlled.

For purposes of this part, the term “PDP approved bid” means, with respect to a prescription drug plan, the bid amount approved for the plan under this part. / The term "PDP a

The term "PDP region" means such a region as provided under section 1395w–111(a)(2) of this title.