What is a fictitious person?
Legal Definition of fictitious person : a supposed but in fact nonexistent person referred to in some legal documents or proceedings also : fictitious payee..
What is the difference between fictitious and fictional?
Put that all together, and try on this distinction: “Fictional” means coming from a made-up story or narrative, “fictitious” is a made-up thing or feeling. In most cases, “fictitious” is the better adjective than “fictional,” which takes a perfectly good noun and makes it into a weak adjective.
Which are fictitious assets?
Expenses or losses that are not written off during the accounting period of occurrence because they give long-term benefit over a period of time are categorized as fictitious assets. … Marketing expenses, bank NPAs, discounts on the issue of shares, and debenture losses are few examples of fictitious assets.
What is non fictitious?
Adjective. Actually being or existing. real. actual.
What is the fictitious payee rule?
Fictitious payee rule is a principle of commercial law that if a drawer or maker issues commercial paper to a payee whom the drawer or maker does not actually intend to have any interest in the instrument, an ensuing forgery of the payee’s name will be effective to pass good title to later transferees.
How do you use fictitious in a sentence?
Fictitious sentence examplesHe declared the whole legend was fictitious. … But he is sometimes guilty of inserting rhetorical speeches which are not only fictitious, but also misleading as an account of the speaker’s sentiments.More items…
What does fictious mean?
archaic. : given to fiction : fictitious.
Is fictious a word?
adjective. created, taken, or assumed for the sake of concealment; not genuine; false: fictitious names. of, relating to, or consisting of fiction; imaginatively produced or set forth; created by the imagination: a fictitious hero.
What is the opposite of fictitious?
fictitious. Antonyms: real, true, historical, genuine, authentic, veritable.