TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
contracts. The illegal profit which is required and received by the lender of a sum of money from the borrower for its use. In a more extended and improper sense, it is the receipt of any profit whatever for the use of money: it is only in the first of these senses that usury will be here considered. 2. To constitute a usurious contract the following are the requisites: 1. A … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
Lat. In the civil law. To have the full use and enjoyment of a thing, without damage to its substance. Calvin. … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
A person for whose use a suit is brought; otherwise termed the "use plaintiff." … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
Lat. In the civil law. One who had the mere use of a thing belonging to another for the purpose of supplying his daily wants; a usuary. Dig. 7, 8, 10, pr.; Calvin. … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
That which may be put into beneficial practice. 2. The patent act of congress of July 4, 1836, sect. 6, in describing the subjects of patents, mentions new and useful art, and new and useful improvement. To entitle the inventor to a patent, his invention must, to a certain extent, be beneficial to the community, and not be for an unlawful object, or frivolous, or insignificant. … [Read more...]