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Dry exchange
Dry exchangeContracts. A term invented for disguising and covering usury; in which something, was pretended to pass on both sides, when in truth nothing passed on one side, whence it was called dry. RELATED TERMS-------------------------------------- Term 1) Construction. Word; expression speech. 2) Contracts. This word is used in the civil, law to denote the space of time granted to the debtor for discharging his obligation; there are express terms resulting from the positive stipulations of the agreement; as, where one undertakes to pay a certain sum on a certain day and also terms which tacitly result from the nature of the things which are the object of the engagement, or from the place where the act is agreed to be done. For instance, if a builder engage to construct a house for me, I must allow a reasonable time for fulfilling his engagement. 3) Estates. The limitation of an estate, as a term for years, for life, and the like. The word term does not merely signify the time specified in the lease, but the estate also and interest that passes by that lease; and therefore the term may expire during the continuance of the time, as by surrender, forfeiture and the like. 4) Practice. The space of time during which a court holds a session; sometimes the term is a monthly, at others it is a quarterly period, according to the constitution of the court. Usury Contracts. The illegal profit which is required and received by the lender of a sum of money from the borrower for its use. In a more extended and improper sense, it is the receipt of any profit whatever for the use of money: it is only in the first of these senses that usury will be here considered. Pass 1) In the slave states this word signifies a certificate given by the master or mistress to a slave, in which it is stated that he is permitted to leave his home, with the authority of his master or mistress. The paper on which-such certificate is written is also called a pass. 2) practice. To be given, or entered; to proceed; as, let the judgment pass for the plaintiff. When 1) At which time, in wills, standing by itself unqualified and unexplained, this is a word of condition denoting the time at which the gift is to continence. 2) The context of a will may show that the word when is to be applied to the possession only, not to the vesting of a legacy; but to justify this construction, there must be circumstances, or other expressions in the will, showing such to have been the testator's intent. Truth The actual state of things. Dry Used figuratively, it signifies that which produces nothing. SIMILAR TERMS-------------------------------------- Dry rat In the US penitentiary slang, a prisoner who snitches in front of another person. Dry rent Contracts. Rent-seek, was a rent reserved without a clause of distress. PREVIOUS AND NEXT TERMS-------------------------------------- Droit A French word, which, in that language, signifies the whole collection of laws, written and unwritten, and is synonymous to our word law. Droit-close The name of an ancient writ directed to the lord of ancient demesne, and which lies for those tenants in ancient demesne who hold their lands and tenements by charter in fee simple, in fee tail, for life, or in dower. Droits of admiralty Rights claimed by the government over the property of an enemy. Droitural What belongs of right; relating to right. Dry Used figuratively, it signifies that which produces nothing. Dry exchange Dry rent Contracts. Rent-seek, was a rent reserved without a clause of distress. Dual custody A method of protecting cash by requiring all cash assets handled by two people (two signatures, two keys, two people counting, etc.). Dubitante (United Kingdom) Doubting the correctness of the decision. Duces tecum Latin: bring with you. Used most frequently for a species of subpoena (as in "subpoena duces tecum") which seeks not so much the appearance of a person before a court of law, but the surrender of a thing (eg. a document or some other evidence) by its holder, to the court, to serve as evidence in a trial. Ducking-stool Punishment. An instrument used, in dipping women in the water, as a punishment, on conviction of being common scolds. We thank you for using the Juridical Dictionary to search for Dry exchange. If you have a better definition for Dry exchange than the one presented here, please let us know by making use of the suggest a term option. This definition of Dry exchange may be disputed by other professionals. Our attempt is to provide easy definitions on Dry exchange and any other medical topic for the public at large.
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