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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....

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...