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In mercantile law. A term used to express the aggregate value of the different stock in which a loan is usually funded. Tomlins. Omnium eontributione sarciatur qnod pro omnibus datum est. 4 Bing. 121. That which is given for all Is recompensed by the contribution of all. A principle of the law of general average. Omnium rerum quarum usus est, potest esse abusus, virtute solo … [Read more...] about OMNIUM

In Spanish law. A good man; a substantial person. Las Partidas, pt 5, tit 13,1. 38: Omlssio eoroM quss taelte Insnnt nihil operatur. The omission of those things which are tacitly implied is of no consequence. 2 Bulst 131. … [Read more...] about OME BUENO

In part payment; In partial satisfaction of an account The phrase is usually contrasted with "in full." … [Read more...] about ON ACCOUNT

An omission is the neglect to perform what the law requires. 2. When a public law enjoins on certain officers duties to be performed by them for the public, and they omit to perform them, they may be indicted: for example, supervisors of the highways are required to repair the public roads; the neglect to do so will render them liable to be indicted. 3. When a nuisance arises … [Read more...] about OMISSION

When a policy of insurance expresses that the insurance is made "on account of whom it may concern," it will coyer all persons having an insurable interest in the subject matter at the date of the policy and who were then contemplated by the party procuring the Insurance. 2 Pars. Mar. Law, 30. … [Read more...] about ON ACCOUNT OF WHOM IT MAY CONCERN