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Eng. law, contracts. A species of security which partakes of the nature of a mortgage, as there is a debt due, and an estate is given as a security for the repayment, but differs from it in the circumstances that the rents and profits are to be received without account till the principal money is paid off, and there is no remedy to enforce payment, while the mortgagor has a … [Read more...] about WELCH MORTGAGE

In the language of brokers, adding to the capital stock of a corporation by the issue of new stock, without increasing the real value represented by the capital. … [Read more...] about WATERING STOCK

Sax. A wood; the woody part of a country. … [Read more...] about WEALD

Financial payments made to poor people in need of public assistance for basic necessities. … [Read more...] about WELFARE

The sounding of a horn for washing before dinner. The custom was formerly observed in the Temple. … [Read more...] about WASHING-HORN