F

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

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

Movable goods which may be estimated and replaced according to weight, measure, and number. Things belonging to a class, which do not have to be dealt with in specie. Those things one specimen of which is as good as another, as is the case with half-crowns, or pounds of rice of the same quality. Horses, slaves, and so forth, are non-fungible things, because they differ … [Read more...] about FUNGIBLE THINGS

In most of its uses in law, this term means additional, though occassionaly it may mean any, future, or other. See London & S. F. Bank v. Parrott, 125 Cal. 472, 58 Pac. 164, 73 Am. St. Rep. 64; Hltchings v. Van Brunt, 38 N. Y. 338; Fifty Associates v. Ilowland, 5 Cush. (Mass.) 218; O'Fallon v. Nicholson, 56 Mo. 238; Pennsylvania Co. v. Loughlin, 139 Pa. 612, 21 Atl. 163. … [Read more...] about FURTHER

Lat. A thief. One who stole secretly or without force or weapons, as opposed to robber. Fur manif estus. In the civil law. A manifest thief. A thief who is taken in the very act of stealing. … [Read more...] about FUR