See Also: SALVAGE CHARGES(law)
CHARGES(law)
Carrying Charges(money)
Management charges(finance)
hospital charges(medicine)
fees and charges(medicine)
Collateral Charges(law)
salvage(dictionary)
Salvage value(finance)
Net salvage value(finance)

preside (oh) and SALVAGE CHARGES (law)


preside (oh)



[Date: 1600-1700; Language: Latin; Origin: praesidere 'to sit in front of, guard, preside over', from sedere 'to sit']
to be in charge of a formal event, organization, ceremony etc
::I shall be pleased to preside at your meetings.
::Mr Justice Waller, presiding judge for the north east
preside over [preside over sth] phr v
to be in a position of authority at a time when important things are happening
::The government seemed to be presiding over large-scale unemployment.
to be the head of a company or organization
::Finch presided over the company for 30 years.
to be in charge of a meeting or activity
::The chairman will preside over an audience of architects and developers.

SALVAGE CHARGES (law)


SALVAGE CHARGES. The expenses incurred to remunerate Services rendered to a ship and cargo, which have prevented its being a total loss. Stev. on Av. c. ship and cargo, which have prevented its being a total loss. Stev. on Av. c. 2, s. 1. 2, s. 1.