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Gross average
Gross averageMaritim law. That kind of average which falls on the ship, cargo, and freight, and. is distinguished from particular average. RELATED TERMS-------------------------------------- Law A rule or body of rules of conduct inherent in human nature and essential to or binding upon human society. The learned profession that is mastered by graduate study in a law school and that is responsible for the judicial system. Ship This word, in its most enlarged sense, signifies a vessel employed in navigation; for example, the terms the ship's papers, the ship's hushand, shipwreck, and the like, are employed whether the vessel referred to be a brig, a sloop, or a three-masted vessel. Cargo Maritim law. The entire load of a ship or other vessel. Freight Maritim law, contracts. The sum agreed on for the hire of a ship, entirely or in part, for the carriage of goods from one port to another; note; but in, its more extensive sense it is applied to all rewards or compensation paid for the use of ships. 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 adventure By 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 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-------------------------------------- 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 By 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 Gross 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. Groundage Maritim law. The consideration paid for standing a ship in a port We thank you for using the Juridical Dictionary to search for Gross average. If you have a better definition for Gross average than the one presented here, please let us know by making use of the suggest a term option. This definition of Gross average may be disputed by other professionals. Our attempt is to provide easy definitions on Gross average and any other medical topic for the public at large.
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