It means “for this purpose”. It’s a temporary position created for a specific purpose. An Ad-hoc is specifically hired to argue a particular key point in which the person is expert.
Depreciable assets are those assets which are actually used and their value is written down over a period of time.
Damage means compensation for the loss suffered by the aggrieved party in breach of contract.
The word ‘bailor’ means ‘a person who has delivered his goods to another in trust’.