An asset that is not included or disclosed on the books of a company, usually in the hope of avoiding tax or a creditor's claim. … [Read more...]

Lat. A master. Bervus facit ut hems dot, the servant does [the work] in order that the master may give [him the wages agreed on.] Her us dot ut servus facit, the master gives [or agrees to give, the wages,] in consideration of, or with a view to, the servant's doing [the work.] 2 Bl. Comm. 445. … [Read more...]

A fault or defect that is not easily able to be detected with plain sight or inspection. A buyer may have the right to revoke a purchase after discovering a hidden defect. … [Read more...]

An easement. Du Cange. … [Read more...]

In old English law. A measure of land, being as much as could be worked with one plow. It is variously estimated at from 60 to 100 acres, but was probably determined by local usage. Another meaning was as much land as would support one family or the dwellers in a mansion-house. Also a house; a dwelling-house. Hide and gain. In English law. A term anciently applied to arable … [Read more...]