In old English law. Chief, principal; at the head. A term applied to persons, places, judicial proceedings, and some kinds of property. Capitalis baro. In old English law. Chief baron. Capitalis baro scacoartt domini regis, chief baron of the exchequer. Townsh. PI 211. Capitalis custos. Chief warden or magistrate; mayor. Fleta, lib. 2, c. 64, … [Read more...] about CAPITALIS
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CAPITULARY
In French law. A collection and code of the laws and ordinances promulgated by the kings of the Merovingian and Carlovingian dynasties. Any orderly and systematic collection or code of laws. In ecclesiastical law. A collection of laws and ordinances orderly arranged by divisions. A book containing the beginning and end of each Gospel which is to be read every day in the … [Read more...] about CAPITULARY
CAPITAL ACCOUNT
An account or client record that lists the assets invested by persons, a business owner or shareholders. This provides the net worth of the investment. … [Read more...] about CAPITAL ACCOUNT
CAPITALISM
A political and economic system that exists within a country where the trade and business is based upon a profit motive by private parties and individuals rather than controlled by the country's government. … [Read more...] about CAPITALISM
CAPITULATION
(A) war. The treaty which determines the conditions under which a fortified place is abandoned to the commanding officer of the army which besieges it. 2. On surrender by capitulation, all the property of the inhabitants protected by the articles, is considered by the law of nations as neutral, and not subject to capture on the high seas, by the belligerent or its ally. 2 Dall. … [Read more...] about CAPITULATION