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upon incurrence

LEVITICUS, BOOK OF — (Heb. וַיִּקְרָא; LXX Λευιτικόν leuitikon), more aptly described by its tannaitic name, Torat Kohanim, the Priests Manual, the third book of the Pentateuch. Leviticus is thematically an independent entity. exodus contains the story of the… … Encyclopedia of Judaism
Vesting — In law, vesting is to give an immediately secured right of present or future enjoyment. One has a vested right to an asset that cannot be taken away by any third party, even though one may not yet possess the asset. When the right, interest or… … Wikipedia
Tax deduction — This article is about the deduction of expenses for the purpose of calculating taxable income. For tax deducted at source, see Withholding tax. Taxation An aspect of fiscal policy … Wikipedia
DIVINE PUNISHMENT — In a system of law based on divine revelation all punishment originally and ultimately derives from God. Even though human agencies may be entrusted with authority to inflict punishments in certain prescribed cases, God s own overriding punishing … Encyclopedia of Judaism
Default (finance) — Finance Financial markets Bond market … Wikipedia
incur — v.t. become liable for; bring upon oneself. ♦ incurrence, n. ♦ incurrent, a. running or flowing inwards … Dictionary of difficult words