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Livre tournois
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Livre tournoisCommon law. A coin used in France before the revolution. It is to be computed in the ad valorem duty on goods, &c., at eighteen and a half cents. Act of March 2, 1798,
RELATED TERMS--------------------------------------
Common
marriage law. a marriage in which no formal ceremony took place and no license exists.
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.
Coin
Commerce, contracts. A piece of gold, silver or other metal stamped by authority of the government, in order to determine its value, commonly called money.
Half
One equal part of a thing divided into two parts, either in fact or in contemplation. A moiety. This word is used in composition; as, half cent, half dime.
SIMILAR TERMS--------------------------------------
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Litre
A French measure of capacity. It is of the size of a decimetre, or one-tenth part of a cubic metre. It is equal to 61.028 cubic inches.
Livery
English law. 1) The delivery of possession of lands to those tenants who hold of the king in capite, or knight's service. 2) Livery was also the name of a writ which lay for the heir of age, to obtain the possession of seisin of his lands at the king's hands. 3) It signifies, in the third place, the clothes given by a nobleman or gentleman to his servant.
Livery of seisin
Estates. A delivery of possession of lands, tenements, and hereditaments, unto one entitled to the same. This was a ceremony used in the common law for the conveyance of real estate; and the livery was in deed, which was performed by the feoffor and the feoffee going upon the land, and the latter receiving it from the former; or in law, where the game was not made on the land, but in sight of it.
Living pledge
Living pledge or Vivum Vadium , contracts. When a man borrows a sum of money (suppose two hundred dollars) of another, and grants him an estate, as of twenty dollars per annum, to hold till the rents and profits shall repay the sum so borrowed.
Living trust
A trust set up and in effect during the lifetime of the grantor. (Also called inter vivos trust.)
Livre tournois
Ll.b., l.m. or ll.d.
The Latin abbreviations for the three classes of law degrees: the regular bachelor degree in law (LL.B.), the masters degree in law (LL.M.) and the doctorate in law (LL.D.). These are basic prerequisites to admission to the practice of law in many states.
Lloyd's register of shipping
A parent organization which is the world's leading classification society. The Register of Ships contains details of some 83,000 merchant ships from around the world. For publications, contact Marine Information Publishing Group.
Load lines
Lines painted on the side of a ship, indicating the maximum depth to which the vessel may safely be loaded.
Loadmanage
Maritime law, contracts. The pay to loadsmen; that is, persons who sail or row before ships, in barks or small vessels, with instruments for towing the ship, and directing her course, in order that she may escape the dangers in her way.
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.
RELATED TERMS--------------------------------------
Common
marriage law. a marriage in which no formal ceremony took place and no license exists.
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.
Coin
Commerce, contracts. A piece of gold, silver or other metal stamped by authority of the government, in order to determine its value, commonly called money.
Half
One equal part of a thing divided into two parts, either in fact or in contemplation. A moiety. This word is used in composition; as, half cent, half dime.
SIMILAR TERMS--------------------------------------
PREVIOUS AND NEXT TERMS--------------------------------------
Litre
A French measure of capacity. It is of the size of a decimetre, or one-tenth part of a cubic metre. It is equal to 61.028 cubic inches.
Livery
English law. 1) The delivery of possession of lands to those tenants who hold of the king in capite, or knight's service. 2) Livery was also the name of a writ which lay for the heir of age, to obtain the possession of seisin of his lands at the king's hands. 3) It signifies, in the third place, the clothes given by a nobleman or gentleman to his servant.
Livery of seisin
Estates. A delivery of possession of lands, tenements, and hereditaments, unto one entitled to the same. This was a ceremony used in the common law for the conveyance of real estate; and the livery was in deed, which was performed by the feoffor and the feoffee going upon the land, and the latter receiving it from the former; or in law, where the game was not made on the land, but in sight of it.
Living pledge
Living pledge or Vivum Vadium , contracts. When a man borrows a sum of money (suppose two hundred dollars) of another, and grants him an estate, as of twenty dollars per annum, to hold till the rents and profits shall repay the sum so borrowed.
Living trust
A trust set up and in effect during the lifetime of the grantor. (Also called inter vivos trust.)
Livre tournois
Ll.b., l.m. or ll.d.
The Latin abbreviations for the three classes of law degrees: the regular bachelor degree in law (LL.B.), the masters degree in law (LL.M.) and the doctorate in law (LL.D.). These are basic prerequisites to admission to the practice of law in many states.
Lloyd's register of shipping
A parent organization which is the world's leading classification society. The Register of Ships contains details of some 83,000 merchant ships from around the world. For publications, contact Marine Information Publishing Group.
Load lines
Lines painted on the side of a ship, indicating the maximum depth to which the vessel may safely be loaded.
Loadmanage
Maritime law, contracts. The pay to loadsmen; that is, persons who sail or row before ships, in barks or small vessels, with instruments for towing the ship, and directing her course, in order that she may escape the dangers in her way.
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.
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This dictionary contains 8526 terms.
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