Lat. In the civil and common law. According to. Occurring In many phrases of familiar use, as follows: Secundum sequnm et bonum. According to what is just and right. Secundum, allegata et probata. According to what is alleged and proved; according to the allegations and proofs. 15 East, 81; Cloutman v. Tunison, 1 Sumn. 375, Fed. Cas. No. 2,907. Secundum artem. According to the … [Read more...] about SECUNDUM
SECURED
A loan where a security is pledged of equal or greater value than the amount of the loan. … [Read more...] about SECURED
SECULAR
Not spiritual; not ecclesiastical; relating to affairs of the present world. Secular business. As used in Sunday laws; this term includes all forme of activity in the business affairs of life, the prosecution of a trade or employment and commercial dealings; such as the making of promissory notes,lending money, and the like. Secular clergy. In ecclesiastical law, this term la … [Read more...] about SECULAR
SECURITAITIS PACIS
In old English law. Security of the peace. A writ that lay for one who was threatened with death or bodily harm by another, against him who so threatened. Reg. Orig. 88. … [Read more...] about SECURITAITIS PACIS
SECURED TRANSACTION
A transaction where property is pledged as collateral for a loan or purchase. … [Read more...] about SECURED TRANSACTION