legal value
101Best Value Authority — (BVA) England, Wales An authority designated under the Local Government Act 1999 to make arrangements to secure continuous improvement in the way in which it exercise its functions, having regard to a combination of factors, including economy,… …
102equity value — USA equity value, Also known as market capitalization. The value of a public company based on the market price of its issued and outstanding common stock. It is calculated by multiplying the number of outstanding shares by the current market… …
103Innocent Purchaser For Value — Someone who unknowingly purchases assets that have been involved in fraud. An innocent purchaser for value can exist in any number of situations, from the buying of real estate to the buyings of art. Because the purchaser lacked knowledge of the… …
104Exhibit (legal) — An exhibit, in a criminal prosecution or a civil trial, is physical or documentary evidence brought before the jury. The artifact or document itself is presented for the jury s inspection. Examples may include a weapon allegedly used in the crime …
105Oxford Standard for Citation Of Legal Authorities — The Oxford Standard for Citation Of Legal Authorities or OSCOLA is the modern method of legal citation in the United Kingdom. First developed by Peter Birks of the University of Oxford Faculty of Law, and now in its 4th edition, it has been… …
106cash equivalent transfer value — (CETV) A member of a salary related scheme who has more than 12 months to go before attaining the scheme s normal retirement age has a statutory right under the Pension Schemes Act 1993 to take a cash equivalent transfer value (CETV) to another… …
107discounted value — Present value of the future sum after it has been discounted back. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …
108expected value — A net present value of all the various possible outcomes at vesting or exercise of equity linked payments. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …
109open market value — In the context of property transactions, the best price that might reasonably be expected for property, or an interest in property, from an unconnected third party on a certain date. A valuer would normally base such a valuation on an average of… …
110Best Value — England, Wales A statutory framework that ensures that councils are required to plan, deliver and continuously improve local authority services. Each local authority has a duty to make arrangements to secure continuous improvement in the way in… …
