What does substantially similar terms mean?

What does substantially similar terms mean?

Substantially similar means similar in importance, degree, amount, placement or extent.

What does substantially mean in accounting?

More Definitions of Substantially all Substantially all means acquisition of 90 percent or more of all of the predecessor’s assets. Substantially all means a part of the whole which accounts for eighty per cent.

What percentage is substantially?

Substantial Amount means, at the time of determination thereof, an amount in excess of 30.0% of total consolidated assets (exclusive of depreciation) at such time of the Parent and its Subsidiaries determined on a consolidated basis.

What is substantially in law?

Substantial. Of real worth and importance; of considerable value; valuable. Belonging to substance; actually existing; real; not seeming or imaginary; not illusive; solid; true; veritable. The right to Freedom of Speech, for example, is a substantial right.

Is significant more than substantial?

The word ‘significant’ often means something less than the word ‘substantial’. But in context it can mean ‘substantial’. These words are often used in legal documents and care must be taken to use them correctly in the context.

Is substantial better than excellent?

As adjectives the difference between excellent and substantial. is that excellent is of the highest quality; splendid while substantial is having to substance; actually existing; real; as, substantial life.

Does substantial mean more than 50%?

Though some could argue that substantial should be viewed as merely large, even perhaps the largest, but not necessarily more than 50 percent. On the other hand, “substantially identical” would likely imply a high correlation, say, more than 90 percent. “Substantially similar” is likely somewhere in between.

What is bigger substantial or significant?

What is the legal term for significant?

Significant other means an individual designated by the resident or by the court to act on behalf of the resident. Significant other means an individual living in a current spousal relationship with another individual but who is not legally a spouse of that individual.