The fair market value of an item. … [Read more...]
TRIVERBIAL DAYS
In the civil law. Juridical days; days allowed to the praetor for deciding causes; days on which the prwtor might speak the three characteristic words of his office, viz., do, dicof addico. Calvin. Otherwise called "dies fasti.19 8 BL Comm. 424, and note u. … [Read more...]
TRUST
contracts, devises. An equitable right, title or interest in property, real or personal, distinct from its legal ownership; or it is a personal obligation for paying, delivering or performing anything, where the person trusting has no real. right or security, for by, that act he confides altogether to the faithfulness of those entrusted. This is its most general meaning, and … [Read more...]
TRIVIAL
Of small importance. It is a rule in equity that a demurrer will lie to a bill on the ground of the triviality of the matter in dispute, as being below the dignity of the court. … [Read more...]
TRUST COMPANY
A company that is retained to act as trustee for a trust. … [Read more...]