The charge or commission taken by the mint as a consideration for coining into money the bullion which is brought to it for that purpose; the same as "seigniorage." Also that which is coined or stamped as money; the product of the mint. … [Read more...] about MINTAGE
M
MINISTERIAL
That which is done under the authority of a superior; opposed to judicial; that which involves obedience to instructions, but demands no special discretion, judgment or skill. Ministerial act. A ministerial act may be defined, to be one which a person performs in a given state of facts, in a prescribed manner, in obedience to the mandate of legal authority, without regard to or … [Read more...] about MINISTERIAL
MINUS
Latin: In the civil law. Less; less than. The word had also, In some connections, the sense of "not at all." For example, a debt remaining wholly unpaid was described as "minus solutum" Minns solvit, qui tardius solvit. He does not pay who pays too late. Dig. 50, 16> 12, 1. … [Read more...] about MINUS
MINISTERIAL TRUSTS
These which are also called instrumental trusts, demand no further exercise of reason or understanding, than every intelligent agent must necessarily employ as to convey an estate. They are a species of special trusts, distinguished from discretionary trusts, which necessarily require much exercise of the understanding. … [Read more...] about MINISTERIAL TRUSTS
MINUTE
(A) measures. In divisions of the circle or angular measures, a minute is equal to sixty seconds, or one sixtieth part of a degree. 2. In the computation of time, a minute is equal to sixty seconds, or the sixtieth part of an hour. Vide Measure. (B) practice. A memorandum of what takes place in court; made by authority of the court. From these minutes the record is afterwards … [Read more...] about MINUTE
