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P

PEDAGIUM

by Law Professor

L. Latin: Pedage, (q. v.) … [Read more...] about PEDAGIUM

PEERAGE

by Law Professor

The rank or dignity of a peer or nobleman. Also the body of nobles taken collectively. … [Read more...] about PEERAGE

PENAL

by Law Professor

Punishable; inflicting a punishment; containing a penalty, or relating to a penalty. Penal action. In practice. An action upon a penal statute; an action for the recovery of a penalty given by statute. 3 Steph. 535, 536. Distinguished from a popular or qui tarn action, in which the action is brought by the informer, to whom part of the penalty goes'. A penal action or … [Read more...] about PENAL

PAYOUT

by Law Professor

A payment made by a company to its shareholders, such as a dividend. … [Read more...] about PAYOUT

PECORA

by Law Professor

Lat. In Roman law. Cattle; beasts. The term included all quadrupeds that fed In flocks. Dig. 32, 65, 4. … [Read more...] about PECORA

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