The Law Dictionary

LICITARE

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

Latin: In Roman law. To offer a price at a sale; to bid; to bid often; to make several bids, one above another. Calvin. … [Read more...]

LIENOR

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

The person having or owning a lien; one who has a right of lien upon property of another. … [Read more...]

LICITATION

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

In the civil law. An offering for sale to the highest bidder, or to him who will give most for a thing. An act by which co heirs or other co proprietors of a thing in common and undivided between them put it to bid between them, to be adjudged and to belong to the highest and last bidder, upon condition that he pay to each of his co proprietors a part in the price equal to the … [Read more...]

LIEU

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

French for "in place." In lieu of, instead, in the place of. Someone or something in the place of another. … [Read more...]

LICITATOR

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

In Roman law. A bidder at a sale. … [Read more...]

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