TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
In the customs laws, this term denotes an allowance made by the government upon the duties due on imported merchandise when the importer, instead of selling it here, re-exports it; or the refunding of such duties if already paid. This allowance amounts, in some cases, to the whole of the original duties; in others, to a part only. A drawback is a device resorted to for enabling … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
A term employed in old pleadings and records, to denote a groat Townsh. PL 180. An Athenian silver coin, of the value of about fifteen cents. … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
A person to whom a bill of exchange is addressed, and who is requested to pay the amount of money therein mentioned. 2. The drawee may be only one person, or there may be several persons. The drawee may be a third person, or a man may draw a bill on himself. 3. The drawee should accept or refuse to accept the bill at furthest within twenty-four hours after presentment. but it … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
The standard, ensign, or military colors borne in war by the ancient kings of England, having the figure of a dragon painted thereon. … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
contracts. The party who makes a bill of exchange. 2. The obligations of the drawer to the drawee and every subsequent holder lawfully entitled to the possession, are, that the person on whom he draws is capable of binding himself by his acceptance that he is to be found at the place where he is described to reside, if a description be given in the bill; that if the bill be … [Read more...]