Glossary entry

English term or phrase:

without accounting for any resultant profit

English answer:

without HAVING to/needing to justify any resultant profit

Added to glossary by Yvonne Gallagher
Jan 29, 2013 04:40
11 yrs ago
5 viewers *
English term

without accounting for any resultant profit

English Law/Patents Law (general) Law
5.4 Any Trustee, or any affiliate of the Trustee, which is a corporate body may act as banker and perform any service in respect of this Trust on the same terms as would be made with a customer without accounting for any resultant profit.
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Does this "without accounting for any resultant profit" mean: don't need to explain the profit they get by providing these services?
Change log

Jan 29, 2013 04:40: changed "Kudoz queue" from "In queue" to "Public"

Feb 1, 2013 10:19: Yvonne Gallagher Created KOG entry

Feb 1, 2013 10:19: Yvonne Gallagher changed "Edited KOG entry" from "<a href="/profile/1300525">Yvonne Gallagher's</a> old entry - "without accounting for any resultant profit"" to ""without HAVING to/needing to justify""

Discussion

Catharine Cellier-Smart Jan 29, 2013:
that's how I understand it, yes

Responses

7 hrs
Selected

without HAVING to justify

or , as you say, no need to justify
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4 KudoZ points awarded for this answer.
5 hrs

without justifying

...This should be the sense
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