In French feudal law. Faith; fealty. Guyot, Inst. Feod. c. 2. … [Read more...] about FOI
F
FLOAT
(A) The time it takes from when a check is deposited until it clears and is deducted from the drafter's account. See check kiting. (B) In American land law, especially In the m western states. A certificate authorizing the entry, by the holder, of a certain quantity of land not yet specifically selected or located. … [Read more...] about FLOAT
FLOATABLE
Used for floating. A floatable stream is a stream used for floating logs, rafts, etc. Gerrish v. Brown, 51 Me. 260, 81 Am, Dec. 569; Gaston v. Mace, 33 W. Va. 14, 10 S. E. 60, 5 L. R. A. 392, 25 Am. St. Rep. 848; Parker v. Hastings, 123 N. a 671, 31 S. E. 833. … [Read more...] about FLOATABLE
FLEET
A place where the tide flows; a creek, or inlet of water; a company of ships or navy ; a prison in London, (so called from a river or ditch formerly in its vicinity,) now abolished by 5 & 6 Vict. c. 22. … [Read more...] about FLEET
FLOATING CAPITAL
(or circulating capital.) The capital which is consumed at each operation of production and reappears transformed into new products. At each sale of these products the capital is represented in cash, and It is from its transformations that profit is derived. Floating capital includes raw materials destined for fabrication, such as wool and flax, products in the warehouses of … [Read more...] about FLOATING CAPITAL
