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Term Main definition
A mutual promise to marry or official engagement, under Thai law (section 1435) the act of a man promising to marry a woman made official by a gift (khongman) to his Thai fiancée (section 1437) and could include a gift (sinsod) to the woman's (fiancée) parents.
Bearer shares
Shares that are owned by whoever holds the physical share certificate, without registration of the shareholder who is in possession of the share certificate.
Author - Consultant
Synonyms - bearer share
A juristic entity, the formal structure, created by a group of people (minimum of 7) who have joined together for a particular purpose and conducting an activity other than that of sharing profits or incomes earned (section 78 Thailand civil and commercial code).
Appraised value
A government assessed property value for a specific real property in Thailand based on a calculation method set by the Land Department and the Treasury Department and is adjusted every 4 years based on market conditions. It is among others used to determine the (minimum) amount of tax that must be paid.
A unit designed for use as a dwelling in a multi unit building occupied by more than one household. When registered as a condominium with the Thailand Land Department offering individual private unit ownership and joint ownership of the common areas of the condominium (multiple owners), without registration and licensing under Condominium Laws the building usually remains owned by the developer offering rent of the units to different tenants.
Or spelled Amphoe is the local government town or district office (municipality), and is further divided into 'Tambons'. Amphurs make up a province.
Synonyms - Amphoe

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