exception


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Exception

A proxy which does not authorize the proxy committee to act on its behalf concerning any other business, adjournments or substitutions.

Exception

1. In a publicly-traded company, a proxy that does not authorize the proxy committee to act on his/her behalf. Such a proxy makes his/her own arrangements.

2. In an audit of a financial statement, a note stating that the auditor agrees with a majority of the statement, but not with certain parts. That is, exceptions are written when the auditor believes that the majority of the financial statement is accurate, but that there are a few inaccuracies scattered throughout. Exceptions are noted in the auditor's report.

exception

An auditor's qualification of a financial report that indicates disagreement with an item in the report or limitations to the extent of the audit.

exception

(1) Estates or described lands specifically spelled out in a deed as not passing to the grantee. (2) Liens and claims specifically excluded from the coverage of a title insurance policy. (3) Liens and claims specifically excluded from a contract of sale.

References in periodicals archive ?
All the existing structural testing techniques, however, not necessarily cover new structural element such as exception handling constructs, all statements that raise exceptions, and those that catch exceptions.
Specifically with regard to Afghanistan's argument that the noncommercial tort exception should not apply simply because terrorism exception also applies, the Court further examines the text of the FSIA.
It cannot compensate for that failure now with the bold argument that there can be no RFRA exceptions at all to the Controlled Substances Act."
(4) Under subsection 56.4(2), all amounts received or receivable in respect of the grant of a restrictive covenant would, except for three narrowly prescribed exceptions set forth in subsection 56.4(3), be taxed to the recipient on income account.
An area of uncertainty within the motor vehicle exception relates to the discovery of containers within the vehicle.
Indeed, technology solutions that monitor and help fix errors and exceptions in the order-to-cash process, automate the receivables and collections management process and deliver real-time click-through visibility across the financial transactions are delivering tremendous returns--in revenue assurance, unlocking working capital, reducing operational costs and improving customer interactions.
When this is not done, the reinsurer may forfeit credibility when finger-pointing over ostensible exceptions.
Four States passed legislation making exceptions to the voluntary quit provisions of their unemployment insurance systems for such separations.
The "realists" have grasped at the clear proclamation at the beginning of the section proposed in Bill C-43, which condemned the killing of unborn human life, but they have underestimated not only the exception, but also the deadly general effect of exceptions upon divine principle and authority.
Now you know the rules, but many computer programmers might have overlooked the exception to the exception in their software programs.
The other exception to the pronoun rule is the word I.
The focus of developing component-based software has been on the structure of initialization and normal operation code, with little thought given to exception handling.