An organization whose efforts are made in order to obtain a profit, as opposed to a non-profit organization whose purpose is geared towards the public rather than private benefits. … [Read more...]
FOLK-LAND
Eng. law. Land formerly held at the pleasure of the lord, and resumed at his discretion. It was held in villenage. 2 Bl. Com. 90. … [Read more...]
FOR SALE BY OWNER (FSBO)
A term that denotes the sale of a home by the owner without the use of a real estate broker. It is usually done to save commission expenses the owner would pay the broker but the owner must invest its time in marketing the property and also learning the local real estate laws. … [Read more...]
FLUCTUS
Flood; flood-tide. Bract, fol. 255. … [Read more...]
FODDER
Food for horses or cattle. In feudal law, the term also denoted a prerogative of the prince to be provided with corn, etc., for his horses by his subjects in his wars. … [Read more...]