A single payment made at one time rather than smaller periodic installment payments. … [Read more...]
LUCRATIVA CAUSA
Lat. In Roman law. A consideration which is voluntary; that is to say, a gratuitous gift, or such like. It was opposed to onerosa causa, which denoted a valuable consideration. It was a principle of the Roman law that two lucrative causes could not concur in the same person as regarded the same thing; that is to say, that, when the same thing was bequeathed to a person by two … [Read more...]
LUMP SUM SETTLEMENT
A payment made to settle a matter or lawsuit that is made in one single lump sum and at one time rather than smaller periodic installment payments. … [Read more...]
LUCRATIVA USUCAPIO
Lat. This species of usucapio was permitted in Roman law only in the case of persons taking possession of property upon the decease of its late owner, and in exclusion or deforcement of the heir, whence it was called "usucapio pro hwrede." The adjective "lucrativa" denoted that property was acquired by this usucapio without any consideration or payment for it by way of … [Read more...]
LUCRATIVE
Yielding gain or profit; profitable; bearing or yielding a revenue or salary. Lucrative bailment. See Bailment. Lucrative office. One which yields a revenue (in the form of fees or otherwise) or a fixed salary to the incumbent; according to some authorities, one which yields a compensation supposed to be adequate to the services rendered and in excess of the expenses incidental … [Read more...]