A fund which consists of the pooled contributions of investors into a fund which is invested. … [Read more...]
MYSTIC WILL
A will that was created and drafted in secret, signed, sealed and witnessed. … [Read more...]
MUTUAL MISTAKE
A misunderstanding or mistake by both or all parties to a contract, which is not canceled as a result of a superficial mistake but is void if the mistake is with regard to a fundamental or essential part of the agreement. For example, if the parties thought that a pregnant horse was being sold but, upon inspection, it is discovered that the animal is a sterile mule. … [Read more...]
MUNIMENTS
The instruments of writing and written evidences which the owner of lands, possessions, or inheritances has, by which he is enabled to defend the title of his estate. … [Read more...]
MUSTER-ROLL
maritime law; A written document containing the name's, ages, quality, place of residence, and, above all, place of birth, of every person of the ship's company. It is of great use in ascertaining the ship's; neutrality. … [Read more...]