The Law Dictionary

LUCRUM CESSANS

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

Lat. In Scotch law. A ceasing gain, as distinguished from damnum datum, an actual loss. Lucrum, facere ex pupilli tutela tutor non debet. A guardian ought not to make money out of the guardianship of his ward. Manning v. Manning's Ex'rs, 1 Johns. Ch. (N. Y.) 527, 535. … [Read more...]

LOYALTY

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

Adherence to law. Faithfulness to one's prince or sovereign or to the existing government. Lubricum linquae non facile trahendum est in poenam. Cro. Car. 117. A slip of the tongue ought not lightly to be subjected to punishment. … [Read more...]

LOYALTY DISCOUNT

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

A discount offered to a good customer or repeat purchaser. … [Read more...]

LUCTUS

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

In Roman law. Mourning. See Annus Luctus. … [Read more...]

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