(A) Literally, to be remembered. It is an informal instrument recording some fact or agreement, so called from its beginning, when it was made in Latin. It is sometimes commenced with this word, though written in English; as Memorandum, that it is agreed, or it is headed with the words, Be it remembered that, The term memorandum is also applied to the clause of an instrument. … [Read more...]

Latin: Better; the better. Melior res, the better (best) thing or chattel. Bract, fol. 60. Melior est conditio defendentis. The condition of the party in possession is the better one, ». e., where the right of the parties is equal. Broom, Max. 715, 719. Melior est conditio possidentis, et rei quam actoris. The condition of the possessor is the better, and the condition of the … [Read more...]

It is not unusual among merchants, when one makes a temporary loan from another, to give the lender a check on a bank, with the express or implied agreement that it shall be redeemed by the maker himself, and that it shall not be presented at the bank for payment. If passed to a third person, it will be valid in his hands, like any other check. … [Read more...]

Latin, meaning Better is the condition of the possessor where neither of the two has the right. … [Read more...]

A very short paragraph or writing that sets for the court's decision of a case. Usually it is just a decision without citing reasons in reaching the decision. … [Read more...]