Event-driven benefit payoff tied to something not occurring like a specific change in an asset’s price. Contrast to knock-in option.
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An article taken apart, folded, or telescoped to reduce its shipping size by at least one third (33 1/3 percent) of its assembled bulk or size. Such articles, be they bicycles, fans, or furniture are packaged unassembled, with all components and assembly instructions. This takes advantage of better shipping rates and lower import duties.
In seamen’s language, a “knot” Is a division of the log-line serving to meas- ure the rate of the vessel’s motion. The number of knots which run off from the reel in half a minute shows the number of miles the vessel sails in an hour. Hence when a ship goes eight miles an hour she is said to go “eight knots.” Webster.
The difference between ÒknowledgeÓ and ÒbeliefÓ is nothing more than in the degree of certainty. With regard to things which make not a very deep impression on the memory, it may be called Òbelief.Ó ÒKnowledgeÓ is nothing more than a manÕs firm belief. The difference is ordinarily merely in the degree, to be judged of by the court, when addressed to the court; by the jury, when addressed to the KNOWLEDGE 690 KYTH jury. Hatch v. Carpenter, 9 Gray (Mass.) 271. See Utley v. Hill, 155 Mo. 232, 55 S. W. 1091, 49 L. R. A. 323, 78 Am. St. Rep. 509; Ohio Valley Coffin Co. v. Goble, 28 Ind. App. 302. 02 N. E. 1025; Clarke v. Ingram, 107 Ga. 505, 33 S. E. 802. Knowledge may be classified in a legal sense, as positive and imputed.