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Commutative Contract

In Arabic aqd mu'awadhah, it is a type of compensatory contract whereby one party receives remuneration/ consideration in return for...

Mahall al-Aqd

Arabic (محل العقد) for subject-matter of the contract (aqd)- i.e., the value and countervalue (amwal) exchanged in a contract (specifically...

Bona Fide Holder for Value

A holder of a negotiable instrument (commercial paper such as bill of exchange, check/ cheque, etc.) who acquired its title...

Protected Holder

A holder of a negotiable instrument (commercial paper such as bill of exchange, check/ cheque, etc.) who acquired its title...

Bona Fide Holder

A holder of a negotiable instrument (commercial paper such as bill of exchange, check/ cheque, etc.) who acquired its title...

BV Asset

It stands for bona vacantia asset; an asset that is claimed by nobody, or not shown to be owned by...

Bona Vacantia Asset

An asset that is claimed by nobody, or not shown to be owned by an apparent owner. An example is...

Bona Vacantia

Latin for ownerless goods (vacant goods)- that is, goods/ assets/ stuff that are claimed by nobody, or not shown to...

Good Faith

A legal expression for a situation where a party has acted or carried out a duty or task or obligation...

Bona Fides

Latin for good faith or in good faith. It means that a party has acted or carried out a duty...