The Law Dictionary

LOAN FOR CONSUMPTION OR MUTUTUM

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

(q. v.) A contract by which the owner of a personal chattel, called the lender, delivers it to another, known as the borrower, by which it is agreed that the borrower shall consume the chattel loaned, and return at the time agreed upon, another chattel, of the same quality, kind, and number, to the lender, either gratuitously or for a consideration; as, if Peter lends to Paul … [Read more...]

LL.B., LL.M., AND LL.D.

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

Abbreviations used to denote, respectively, the three academic degrees in law,bachelor, master, and doctor of laws. … [Read more...]

LOAN FOR USE OR COMMODATUM

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

contracts. A bailment, or loan of an article for a certain time, to be used by the borrower, without paying for it. 2 Kent's Com. 446, 447. Sir William Jones defines it to be a bailment of a thing for a certain time, to be used by the borrower, without paying for it. Jones' Bailm. 118. According to the Louisiana Code, art. 2864, it is an agreement by which a person delivers a … [Read more...]

LLB

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

Latin for Legum Baccalaureus or Bachelors of Law. See also LLM, a masters degree in law. … [Read more...]

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