UNDERWRITING PROFIT OR LOSS

\ˌʌndəɹˈa͡ɪtɪŋ pɹˈɒfɪt ɔː lˈɒs], \ˌʌndəɹˈa‍ɪtɪŋ pɹˈɒfɪt ɔː lˈɒs], \ˌʌ_n_d_ə_ɹ_ˈaɪ_t_ɪ_ŋ p_ɹ_ˈɒ_f_ɪ_t ɔː l_ˈɒ_s]\

Definitions of UNDERWRITING PROFIT OR LOSS

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1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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HEREDITAMENTS

  • Tilings capable of being inherited, be it corporeal or incorporeal,real, personal, mixed, and including not only lands everything thereon, but alsolieir-looms, certain furniture which, by custom, may descend to the heir togetherwith (he land. Co. Litt. 5b; 2 Bl. Comm. 17; Nell is v. Munson, 108 N. Y. 453, 15 E.730; Owens Lewis, 40 Ind. 508, Am. Rep. 205; Whitlock Greacen. 4S J. Eq.350. 21 Atl. 944; Mitchell Warner, 5 Conn. 407; New York Mabie, 13 150, 04Am. Dec. 53S. Estates. Anything capable of being inherited, be it corporeal or incorporeal, real, personal, mixed and including not only lands everything thereon, but also heir looms, certain furniture which, by custom, may descend to the heir, together with land. Co. Litt. 5 b; 1 Tho. 219; 2 Bl. Com. 17. this term such things are denoted, as subject-matter inheritance, inheritance itself; cannot therefore, its own intrinsic force, enlarge an estate, prima facie a life into fee. B. & P. 251; 8 T. R. 503; 219, note Hereditaments are divided into corporeal and incorporeal. confined to lands. (q. v.) Vide Incorporeal hereditaments, Shep. To. 91; Cruise's Dig. tit. 1, s. 1; Wood's Inst.221; 3 Kent, Com. 321; Dane's Ab. Index, h.t.; 1 Chit. Pr. 203-229; 2 Bouv. Inst. n. 1595, et seq.
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