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One penny paid at the feast day of St Martin, by the tenants of some manors, as a commutation for the service of carrying their lord's salt from market to his larder. Paroch. Antiq. 496. … [Read more...] about SALT SILVER

When property is sold to a purchaser and which is immediately leased back to the seller for use. This practice is used for obtaining a tax deduction or a manner for the seller to have more cash available while still being able to use the property. … [Read more...] about SALE AND LEASEBACK

Latin: Health; prosperity; safety. Sains popnli suprema lex. The welfare of the people is the supreme law. Bac Max. reg. 12; Broom, Max. 1-10; Montesq. Esprit des Lois, lib. 26, c. 23; 13 Coke, 139. Sains reipubliees suprema lex. The welfare of the state is the supreme law. Inhabitants of Springfield v. Connecticut River R. Co., 4 Cush. (Mass.) 71; Cochituate Bank v. Colt, 1 … [Read more...] about SALUS

When goods are sent from a manufacturer or wholesale dealer to a retail trader, in the hope that he may purchase them, with the understanding that what he may choose to take he shall have as on a contract of sale, and what he does not take he will retain as a consignee for the owner, the goods are said to have been sent on sale and return. 2. The goods taken by the receiver as … [Read more...] about SALE AND RETURN

Latin, meaning The safety of the people is the supreme law. … [Read more...] about SALUS POPULI EST SUPREMA LEX