S

Latin: In Roman law. Lower seats or benches, occupied by the ju dices and by inferior magistrates when they sat in judgment, as distinguished from the tribunal of the praetor. Calvin. Subsequens matrimonium tollit pecca tum prsecedens. A subsequent marriage [of the parties] removes a previous fault, ?. e., previous illicit intercourse, and legitimates the offspring. A rule of … [Read more...] about SUBSELLIA

A loan given to higher risk parties who have a poor credit history, limited assets and low income in relation to the size of the loan which has interest rates set at a higher rate of interest. These rates are below the best interest rate (the prime rate) given to those with a stronger credit history and income. … [Read more...] about SUBPRIME LOAN

Latin, meaning A subsequent marriage removes the preceding wrong. … [Read more...] about SUBSEQUENS MATRIMONIUM TOLLIT PECCATUM PRAECEDENS

See subprime loan. … [Read more...] about SUBPRIME MORTGAGE

See CONDITION. … [Read more...] about SUBSEQUENT CONDITION