This term has grown out of those purely speculative transactions, in which there is a rominal contract of sale for future delivery, but where in fact none is ever intended or executed. The nominal seller does not have or expect to have the stock or merchandise he purports to sell, nor does the nominal buyer expect to receive it or to pay the price. Instead of that, a percentage … [Read more...] about FUTURES
F
FUTURI
Lat. Those who are to be. Part of the commencement of old deeds. "Sciant prcesentes et futuri, quod ego talis, dedi et concessi" etc., (Let all men now living and to come know that I, A. B., have, etc.) Bract, fol. 345. … [Read more...] about FUTURI
FUZ, OR FUST
A Celtic word, meaning a wood or forest. … [Read more...] about FUZ, OR FUST
FX
Foreign exchange market … [Read more...] about FX
FURTHER HEARING
crim. law, practice. Hearing at another time. 2. Prisoners are frequently committed for further hearing, either when there is not sufficient evidence for a final commitment, or because the magistrate has not time, at the moment, to hear the whole of the evidence. The magistrate is required by law, and by every principle of humanity, to hear the prisoner as soon as possible … [Read more...] about FURTHER HEARING
