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In old English law. A barn or granary open at the top; a rick or stack of corn. Spelman. … [Read more...] about MACHOLUM

Lat. In English law. A master or ruler; a person who has attained to some eminent degree in science. Cowell. In the civil law. A title of several offices under the Roman Empire. Magister ad facilitates. In English ecclesiastical law. The title of an officer who grants dispensations; as to marry, to eat flesh on days prohibited, and the like. Bac. Abr. "Ecclesiastical Courts," … [Read more...] about MAGISTER

The great charter. The name of a charter (or constitutional enactment) granted by King John of England to the barons, at Runnymede, on June 15, 1215, and afterwards, with some alterations, confirmed in parliament by Henry III. and Edward I. This charter is justly regarded as the foundation of English constitutional liberty. Among its thirty eight chapters are found provisions … [Read more...] about MAGNA CHARTA

Abbreviation for Modified Accelerated Cost Recovery System, a depreciation method used in accounting practices where tax deductions may be claimed for depreciation on an accelerated basis. … [Read more...] about MACRS

Eng. eccl. law. The title of an officer who grants dispensations; as, to marry, to eat flesh on days prohibited, and the like. Bac. Ab. Eccles. Courts, A 5. … [Read more...] about MAGISTER AD FACULTATES