In Scotch law. Formerly this word Included every species of. theft accompanied with violence to the person, but of late years it has become the cor signata for forcible and masterful depredation within or near the dwelling-house; while robbery has been more particularly applied to violent depredation on the highway, or accompanied by house-breaking. … [Read more...]

mar. law. The proper arrangement in a ship, of the different articles of which a cargo consists, so that they may not injure each other by friction, or be damaged by the leakage of the ship. 2. The master of the ship is bound to attend to the stowage, unless, by custom or agreement, this business is to be performed by persons employed by the merchant. … [Read more...]

Securities, to simultaneously place a contract to buy and sell a commodity or stock anticipating a change in the price in order to realize a gain from volatile trading. See also a hedge. Law Dictionary - Alternative Legal Definition In stock-brokers parlance the term means the double privilege 'Of a "put" and a "call," and secures to the holder the right to demand of the seller … [Read more...]

Accounting method where depreciation is calculated using a set and fixed percentage, the same amount being deducted every year until the end of the asset's useful life. … [Read more...]

L. Latin: A man of straw, one of no substance, put forward as bail or surety. … [Read more...]