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To reassume; to promise again; as, the resumption of payment of specie by the banks is general. It also signifies to take things back; as the government has resumed the possession of all the lands which have not been paid for according to the requisitions of the law, and the contract of the purchasers. … [Read more...] about RESUMPTION

Where copyhold land has been mortgaged by surrender, and the mortgagee has been admitted, then, on the mortgage debt being paid off, the mortgagor is entitled to have the land reconvened to him, by the mortgagee surrendering it to the lord to his use. This is called a "resurrender." 2 Dav. Conv. 1332a … [Read more...] about RESURRENDER

To sell by small parcels, and pot in the gross. To sell in small quantities. Retailer of merchandise. A merchant who buys, articles in gross or merchandise in large quantities, and sells the same by single articles or in small quantities. … [Read more...] about RETAIL

A specific contract in the retail industry where a buyer of goods agrees to make installment payments for the items along with finance charges or other provisions which make the end price of the purchase more than if the purchase had been made outright at the time of sale. The installments represent the interest or cost of the extension of credit to the buyer. … [Read more...] about RETAIL INSTALLMENT CONTRACT

A business that sells goods to consumers (as opposed to other businesses). … [Read more...] about RETAILER