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INSTITOR

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

civ. law. A clerk in a store an agent. 2. He was so called because he watched over the business with which he was charged; and it is immaterial whether he was employed in making a sale in a store, or whether charged with any other business. Institor appellatus est ex eo, quod negotio gerendo instet; nec multum facit tabernae sit praepositus, an cuilibet alii negotiationi. … [Read more...]

INSTALLMENT CONTRACT

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A contract calling for installments or portions of the contract to be completed at certain period of time over the life of a contract. … [Read more...]

INSTITORIA ACTIO

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Lat. In the civil law. The name of an action given to those who had contracted with an institor (q. v.) to compel the principal to performance. Inst 4, 7, 2; Dig. 14, 3, 1; 8tory, Ag. I 426. … [Read more...]

INSTALLMENT OPTION

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A pay as you go option for a purchaser. … [Read more...]

INSTITORIAL POWER

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

The charge given to a clerk to manage a shop or store. 1 Bell, Comm. 506, 507. … [Read more...]

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