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POTENTIA

by Law Professor

Latin: Possibility; power. Potentia propinqua. Common possibility. See Possibility. Potentia debet sequi justitiam, non antecedere. 3 Bulst 199. Power ought to follow justice, not go before it Potentia est duplex, remota et propin qua; et potentia remotissima et vana est quae nunquam venit in actum. 11 Coke, 51. Possibility is of two kinds, remote and near; that which never … [Read more...] about POTENTIA

POURVEYANCE

by Law Professor

In old English law. The providing corn, fuel, victuals, and other necessaries for the king's house. Cowell. … [Read more...] about POURVEYANCE

PP&E

by Law Professor

Property, Plant and Equipment … [Read more...] about PP&E

POTENTIAL

by Law Professor

Existing in possibility out not In act; naturally and probably expected to come into existence at some future time, though not now existing; for example, the future product of grain or trees already planted, or the successive future Instalments or payments on a contract or engagement already made. Things having a "potential existence'' may be the subject of mortgage assignment, … [Read more...] about POTENTIAL

POURVEYOR, OR PURVEYOR

by Law Professor

A buyer; one who provided for the royal household. … [Read more...] about POURVEYOR, OR PURVEYOR

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