1
Law::
purchase- money (as to apportionable outgoings not paid in advance, such as ground rent, the purchaser is allowed to deduct from the purchase-money the proportion payable by the vender – JBS( (‘receipt’ [is] a written acknowledgement of the payment of money. As to stamping receipt see the Stamp Act, 1891. For sums of two sterling pounds and over a duty of 2d. is now payable. A receipt for the purchase-money of land may be embodied in the purchase deed – JBS( ● the buying price (in securities transactions, bid and asked is a notation describing the range of prices quoted in an over-the-counter stock exchange; bid denotes the buying price, and asked denotes the selling price – B(
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