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Contra |
Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson | 0.04 sec. |
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Against; conflicting; opposite. A contra-balance is the amount in an account of a creditor that is the opposite of the usual balance of such an account. It is an account receivable (a debt owed to the creditor) but with a credit balance (an amount owed to the debtor greater than what is owed to the creditor). The creditor therefore owes the debtor money, the opposite of the normal debtor-creditor relationship. contra adj. Latin for against or opposite to. This usage is usually found in legal writing in statements like: "The decision in the case of Hammerhead v. Nail is contra to the rule stated in Keeler v. Beach." CONTRA. Over; against; opposite to anything: as, such a case lays down a certain principle; such other case, contra. |
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? References in periodicals archive |
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The Contras combined amorality and ruthlessness with a smart strategy: defeat the Sandinistas by turning their country into hell on earth. He hinted that the Boland Amendment, which cut off aid to the contras in 1984, was made to be broken: "The Boland Amendment, which was passed by the liberals in Congress, was just another obstacle and obstruction to the fight against the communists," Burton explained. Drawing on what must be gigantic stacks of government memos, trial transcripts, and depositions, Walsh accuses Reagan of authorizing arms shipments to Iran in exchange for hostages (thus violating the Arms Export Control Act) and allowing the proceeds from the arms sales to fund the Nicaraguan Contras, or "freedom fighters," in violation of the Boland Amendment. |
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