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Pure Economic Loss

A type of economic loss/ financial loss that only reflects financial damage sustained as a result of the negligence of...

Financial Loss

A type of loss that results from physical damage to property/ assets, which is recoverable under normal situations. The claimant,...

Economic Loss

A type of loss that results from physical damage to property/ assets, which is recoverable under normal situations. The claimant,...

Constructive Trust

A type of trust that comes into existence "constructively"- i.e., by a court's decision holding that from amongst the parties...

Legal Interest

In general, it is the right to own something, wholly or partially. More specifically, it is the rights that a...

Beneficial Interest

The rights that a person (beneficiary) enjoys in relation to a property/ asset/ business, held in trust for that person....

LOP

It stands for law of one price; the idea that the price of a commodity denominated in a specific currency...

Law of One Price

The idea that the price of a commodity denominated in a specific currency should be the same regardless of the...

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...