Glossary of Legal Terms

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81—90 of 444
A natural or juridical person, meeting the requirements of the present Law, accepting the Charter of the cooperative, having paid an a membership fee and share contribution in the order and amount, specified by the Charter of the cooperative, getting dividends, but lacking the right of vote in the cooperative
Part of profit, distributed between the cooperative members in proportion to their personal participation in the cooperative or its activity
A cylindrical rock sample taken from formation with the objective of study of geological section
Advertisements distributed with the purpose of denial of impermissible advertisements and liquidation of its consequences
A People’s court or an Arbitration court, depending on the legal status of case’s parties, which consider and judge cases about bankruptcy
Debt payable from financial resources to appropriate natural or legal persons
Legal entity which carries out, or carried out in the past banking activity in the Azerbaijan Republic in compliance with legislation
Natural or legal person having property claims to the debtor
a) foreign currency; b) securities in foreign currency — payment documents in foreign currency (cheques, promissory notes, letters of credit etc.), stock exchange securities (shares, bonds) and other promissory notes; c) noble metals — gold, silver, platinum and metals of platinum group (palladium, iridium, rhodium, ruthenium and osmium) in any kind and state except jewellery, other articles of everyday use and scrap of such articles; d) natural precious stones in raw and finished state (diamonds, rubies, emeralds, sapphires, alexandrites, pearls) except jewellery, other articles of everyday use and scrap of such articles;
Loans to be repaid within a period of one year or within a standard (normal) operation period (such period shall not exceed one year), securities, bills of exchange and other liabilities