- The withholding by a trustee of the income of a minor for the purpose of creating an increased fund. Anne: 61 ALR 679. See unlawful accumulations.
Ballentine's law dictionary. Anderson, W.S.. 1998.
Look at other dictionaries:
accumulation — ac·cu·mu·la·tion n: increase or growth by addition esp. when continuous or repeated; specif: an increase in the amount of a fund or property by the continuous addition to it of the income or interest it generates to treat a stock dividend as… … Law dictionary
accumulation trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. accumulation trust … Law dictionary
accumulation period — England, Wales The period during which the trustees of a trust may accumulate the trust income (that is, add it to the trust capital, rather than pay it out to or for the benefit of the beneficiaries (beneficiary) (see accumulated income)). After … Law dictionary
accumulation and maintenance trust — A trust established under section 71 of the Inheritance Tax Act 1984 which has certain tax advantages where there are young children. The beneficiaries must generally attain an interest in the income or capital of the trust fund by the time they… … Law dictionary
Legal Tender Cases — The Legal Tender Cases were a series of United States Supreme Court cases in the latter part of the nineteenth century that affirmed the constitutionality of paper money. In the 1870 case of Hepburn v. Griswold , the Court had held that paper… … Wikipedia
legal maxim — ▪ law a broad proposition (usually stated in a fixed Latin form), a number of which have been used by lawyers since the 17th century or earlier. Some of them can be traced to early Roman law. Much more general in scope than ordinary rules… … Universalium
Capital accumulation — Most generally, the accumulation of capital refers simply to the gathering or amassment of objects of value; the increase in wealth; or the creation of wealth. Capital can be generally defined as assets invested with the expectation that their… … Wikipedia
Primitive accumulation of capital — is a concept introduced by Karl Marx in part 8 of the first volume of Das Kapital (in German: ursprüngliche Akkumulation , literally original accumulation or primeval accumulation ). Its purpose is to help explain how the capitalist mode of… … Wikipedia
ECONOMIC AFFAIRS — THE PRE MANDATE (LATE OTTOMAN) PERIOD Geography and Borders In September 1923 a new political entity was formally recognized by the international community. Palestine, or Ereẓ Israel as Jews have continued to refer to it for 2,000 years,… … Encyclopedia of Judaism
Europe, history of — Introduction history of European peoples and cultures from prehistoric times to the present. Europe is a more ambiguous term than most geographic expressions. Its etymology is doubtful, as is the physical extent of the area it designates.… … Universalium