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hearsay
(redirected from Admission against interest)

   Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
hearsay,
n 1. the testimony given by a witness who relates not what is known personally but what others have stated.
n 2. the evidence that does not derive its value solely from the credit of the witness, but rests mainly on the veracity and competency of other persons and is admitted in court only in specified cases, from necessity.


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economy, Joseph Aldy, a special assistant to the president for energy and the environment, announced on April 8 that a portion of the revenue received from any cap-and-trade plan must go toward relieving those who end up paying higher energy bills because of the plan--an admission against interest that energy costs are going to go up, just as critics claim.
This incredible admission against interest was made by David Rockefeller in his own book, Memoirs (2002).
 
 
 
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