TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
A public valuation or assessment of every man's estate; or the ascertaining how much tax every one shall pay. Proportional or relative value, measure, or degree; the proportion or standard by which quantity or value is adjusted. Thus, the rate of interest is the proportion or ratio between the principal and interest So the buildings in a town are rated for insurance purposes; … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
L. Lat. By reason of tenure; as a consequence of tenure. 3 Bl. Comm. 230. … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
In international law. The redemption of captured property from the hands of an enemy, particularly of property captured at sea. 1 Kent, Comm. 104. A sum paid or agreed to be paid for the redemption of captured property. 1 Kent, Comm. 105. A "ransom," strictly speaking, is not a recapture of the captured property. It is rather a purchase of the right of the captors at the time, … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
Among merchants, by rate of exchange is understood the price at which a bill drawn in one country upon another, may be sold in the former. … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
is where the members of a trade union cause the tools, clothes, or other property of a workman to be taken away or hidden, in order to compel him to join the union or cease working. It is, in England, an offense punishable by fine or imprisonment. 38 A 39 Vict. c. 86, … [Read more...]