MLchartDataset catalogue

Capital

Term · Law · MLC-T-LAW-000846

The financial assets or the financial value of assets, such as cash, machinery, and equipment, owned by an individual or business. In a legal context, it is distinguished from income and is subject to different rules regarding taxation, distribution in estates, and division in corporate law. For example, a trust may distribute income to a beneficiary while preserving the capital for a remainderman.

Table 1. Record
IdentifierMLC-T-LAW-000846
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-000846",
  "term": "Capital",
  "field": "Law",
  "definition": "The financial assets or the financial value of assets, such as cash, machinery, and equipment, owned by an individual or business. In a legal context, it is distinguished from income and is subject to different rules regarding taxation, distribution in estates, and division in corporate law. For example, a trust may distribute income to a beneficiary while preserving the capital for a remainderman.",
  "url": "https://mlchart.com/terminology/law/capital/"
}

Record 652 of 5,445 in Law terminology (MLC-0107). Request the full dataset.