Category: G

power of the government to limit taxes on states and on the states to limit tax on the government.

Students applying to business schools take this standardized exam. Before applying to a university’s MBA program, 2000 or so schools expect or recommend students to take this exam. Like SATs, this test contains a verbal, mathematics, and writing section. 800 is the highest possible score. Unlike SATs, this exam is computerized.

The title of the chief executive in each of the states and territories ofthe United States; and also of the chief magistrate of some colonies, provinces, and dependencies of other nations.

Graduate school applicants testing determines abstract thinking aptitude. Analytical writing, mathematics and vocabulary are sections of this test.

This word is commonly used in contradistinction to “right.” Thus, in St. 22Edw. III., the lord chancellor was instructed to take cognizance of matters of grace,being such subjects of equity jurisdiction as were exclusively matters of equity. Brown.A faculty, license, or dispensation; also general and free pardon by act ofparliament. See ACT OF GRACE.

Additional time scheduled or allocated to complete a task, such as complying with a regulation, meeting an obligation, or obtaining an agreement.

Loan agreement point that a borrower cam skip installments if the borrower prepaid some of the loan. The skipped installments can not exceed the amount prepaid.

Time of indulgence granted to an acceptor or maker for the paymentof his bill of exchange or note. It was originally a gratuitous favor, (hence thename,) but custom has rendered it a legal right.

Measure of angle in units of 1/100th of a right angle or 0.9 degree. Known also as grade.

In old English law. By degrees or steps ; step by step; from one degree to another. Bract, fol. 64.