MLchartDataset catalogue

Extraordinary compensation

Term · Law · MLC-T-LAW-002015

Additional payment awarded to fiduciaries, such as executors, administrators, or trustees, for services rendered that are beyond the scope of their ordinary duties. This compensation is typically granted by a court upon petition and demonstration of the exceptional nature of the services. Such services might include managing complex litigation or operating a business for the estate.

Table 1. Record
IdentifierMLC-T-LAW-002015
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002015",
  "term": "Extraordinary compensation",
  "field": "Law",
  "definition": "Additional payment awarded to fiduciaries, such as executors, administrators, or trustees, for services rendered that are beyond the scope of their ordinary duties. This compensation is typically granted by a court upon petition and demonstration of the exceptional nature of the services. Such services might include managing complex litigation or operating a business for the estate.",
  "url": "https://mlchart.com/terminology/law/extraordinary-compensation/"
}

Record 1,913 of 5,439 in Law terminology (MLC-0107). Request the full dataset.