Fr. A term used in relation to the right of putting animals on a common. The term "common sans nombre" does not mean that the beasts are to be innumerable, but only indefinite; not certain. Willes, 227. … [Read more...] about SANS NOMBRE
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SALVAGE LOSS
By salvage loss is understood the difference between the amount of salvage, after deducting the charges, and the original value of the property. … [Read more...] about SALVAGE LOSS
SAND-GAVEL
In old English law. A payment due to the lord of the manor of Rodley, in the county of Gloucester, for liberty granted to the tenants to dig sand for their common use. Cowell. … [Read more...] about SAND-GAVEL
SANS RECOURS
Without recourse. 2. These words are sometimes put on a bill before the payee endorses it; they have the effect of transferring the bill without responsibility to the endorser. … [Read more...] about SANS RECOURS
SALVAGE VALUE
1. Accounting term; after the useful life of an object has ended, it is the remaining residual value left in the object. It is the remaining value of an asset after all depreciation has been taken against the asset. 2. The remaining value left after goods, a product, a vehicle, a building or other object have been destroyed. … [Read more...] about SALVAGE VALUE