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Gross adventure
Gross adventureBy this term the French lay writers signify a maritime loan, or bottomry. (q, v.) It is so called because the lender exposes his money to the perils of the sea; and contributes to the gross or general average 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. Maritime That which belongs to or is connected with the sea. Loan 1) A loan in general implies that a thing is lent without reward; but, in some cases, a loan may be for a reward; as, the loan of money. 2) Contracts. The act by which a person lets another have a thing to be used by him gratuitously, and which is to be returned, either in specie or in kind, agreeably to the terms of the contract. The thing which is thus transferred is also called a loan. Bottomry A primitive form of ship mortgage, whereby the master, while away from the ship's home port, by signing a "bottomry bond", borrowed money on the credit of the vessel to pay for goods or services needed to preserve the ship or complete the voyage. The creditor's security was extinguished, however, if the ship was lost or destroyed. Although a maritime lien still exists for bottomry in U.K. and British Commonwealth maritime law, modern means of communications have made bottomry virtually obsolete. Money Gold, silver, and some other less precious metals, in the progress of civilization and commerce, have become the common standards of value; in order to avoid the delay and inconvenience of regulating their weight and quality whenever passed, the governments of the civilized world have caused them to be manufactured in certain portions, and marked with a Stamp which attests their value; this is called money. Sea The ocean; the great mass of waters which surrounds the land, and which probably extends from pole to pole, covering nearly three quarters of the globe. Waters within the ebb and flow of the tide, are to be considered the sea. Gross Absolute; entire, not depending on another. General 1) A principal officer, particularly in the army. 2) Something opposed to special; as, a general verdict, the general issue, which expressions are used in contradistinction to special verdict, special issue. 3) Principal, as the general post office. 4) Not select, as a general ship. 5) Not particular, as a general custom. 5) Not limited, as general jurisdiction. 7) This word is sometimes annexed or prefixed to other words to express or limit the extent of their signification; as Attorney General, Solicitor General, the General Assembly. SIMILAR TERMS-------------------------------------- Gros bois Gros bois or grosse bois. Such wood as, by the common law or custom, is reputed timber. Gross Absolute; entire, not depending on another. Gross average Maritim law. That kind of average which falls on the ship, cargo, and freight, and. is distinguished from particular average. Gross negligence Lata culpa, or, as the Roman lawyers most accurately call it) dolo proxima, is, in practice, considered as equivalent to dolus or fraud itself, and consists, according to the best interpreters, in the omission of that care which even inattentive and thoughtless men never fail to take of their own property. It must not be confounded, however, with fraud, for it may exist consistently with good faith and honesty of intention, according to common law authorities. Gross weight The total weight of goods or merchandise, with the chests, bags, and the like, from which. are to be deducted tare and tret. Grosse bois Grosse bois or gros bois. Such wood as, by the common law or custom, is reputed timber. PREVIOUS AND NEXT TERMS-------------------------------------- Green wax English law. The name of the estreats of fines, issues, and amerce ments in the exchequer, delivered to the sheriff under the seal of that court, which is made with green wax. Grievance In labor law a complaint filed by an employee regarding working conditions to be resolved by procedural machinery provided in the union contract. An injury, injustice, or wrong which gives ground for complaint. Grievance procedure Under a grievance procedure, an employee dissatisfied with a disciplinary decision can apply to a higher authority. A grievance procedure generally advises an employee on how he can seek redress and what further steps may be taken. Gros bois Gros bois or grosse bois. Such wood as, by the common law or custom, is reputed timber. Gross Absolute; entire, not depending on another. Gross adventure Gross average Maritim law. That kind of average which falls on the ship, cargo, and freight, and. is distinguished from particular average. Gross negligence Lata culpa, or, as the Roman lawyers most accurately call it) dolo proxima, is, in practice, considered as equivalent to dolus or fraud itself, and consists, according to the best interpreters, in the omission of that care which even inattentive and thoughtless men never fail to take of their own property. It must not be confounded, however, with fraud, for it may exist consistently with good faith and honesty of intention, according to common law authorities. Gross weight The total weight of goods or merchandise, with the chests, bags, and the like, from which. are to be deducted tare and tret. Grosse bois Grosse bois or gros bois. Such wood as, by the common law or custom, is reputed timber. Ground rent Estates. In Pennsylvania, this term is used to signify a perpetual rent issuing out of some real estate. This rent is redeemable where there is a covenant in the deed that, before the expiration of a period therein named, it may be redeemed by the payment of a certain sum of money; or it is irredeemable, when there is no such agreement; and, in the latter case, it cannot be redeemed without the consent of both parties. We thank you for using the Juridical Dictionary to search for Gross adventure. If you have a better definition for Gross adventure than the one presented here, please let us know by making use of the suggest a term option. This definition of Gross adventure may be disputed by other professionals. Our attempt is to provide easy definitions on Gross adventure and any other medical topic for the public at large.
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