Equality. This word is used In law in several compound phrases, as follows: 1. Owelty of partition is a sum of money paid by one of two caparceners or co tenants to the other, when a partition has been effected between them, but, the land not being susceptible of division into exactly equal shares, such payment is required to make the portions respectively assigned to them of … [Read more...]
OWELTY
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.