Glossary of Legal Terms
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Liabilities including debts and borrowed funds of the enterprise, including creditor indebtedness (except subsidies, grants, etc.)
Insurance carried out in connection with death, the cases of complete and partial loss of health and working ability for senility or disability
Citizens of Azerbaijan Republic, legal entities founded by or of which more than 50 percent of the registered capital is owned by citizens of Azerbaijan Republic
Useful properties planned to be applied for a period of few years. These shall include fixed assets, capital and other financial investments, intangible assets.
Liabilities to be addresses within a period of more than one year
A mass game implemented through the distribution of lottery tickets (or other equivalent information carriers) by the lottery organizer, drawing of prize between the lottery participants and delivery (payment) of winning draws to owners of winning lottery tickets (or other equivalent information carriers)
Legal entity, which organizes and implements the lottery on its behalf or by representing the other party
Lottery ticket (other equivalent information carrier) holder, participating in the lottery
Document providing the rights of participation in the lottery, verifying the right of ownership to the certain portion of the prize fund in the event of winning
Means of transportation (pipelines, electric power lines, etc.) or their components used for transportation or transmission of power materials and products except railroad, motor roads and water-ways, and also plants responsible for transmission of communication signals