The fact by means of which a right comes into existence ; e.g.; to grant of a monopoly, the death of one's ancestor. Holl. Jur. 132. … [Read more...]
INVECTA ET ILLATA
Lat. In the civil law. Things carried in and brought in. Articles brought Into a hired tenement by the hirer or tenant, and which became or were pledged to the lessor as security for the rent Dig. 2, 14, 4, pr. The phrase is adopted in Scotch law. See Bell. Inveniene libellnm fantosnm et non eorrampens pnnitur. He who finds a libel and does not destroy it is punished. Moore, … [Read more...]
INVESTITURE
A ceremony which accompanied the grant of lands in the feudal ages, and consisted in the open and notorious delivery of possession in the presence of the other vassals, which perpetuated among them { the (era of their new acquisition at the time when the art of writing was very little known; and thus the evidence of the property was reposed in the memory of the neighborhood, … [Read more...]
INVENT
To create something new. To discover a new process. To find out something new; to devise, contrive, and produce something not previously known or existing, by the exercise of independent investigation and experiment; particularly applied to machines, mechanical appliances, compositions, and patentable inventions of every sort. … [Read more...]
INVESTMENT
The expenditure of time or money in something with the hope that ultimately a profit will be made. … [Read more...]