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An Old English writ which lay for him who was challenged to be a ward to another, In respect to land said to be holden by knight-service; which land, when it was bought by the ancestors of the ward, was warranted free from such thraldom. The writ lay against the warrantor and his heirs. Cowell. … [Read more...] about WARRANTIA CUSTODIES

A shallow part of a river or arm of the sea. … [Read more...] about WASH

A writ which lay for a man who, having had a day assigned him personally to appear in court in any action in which he was sued, was in the mean time, by commandment, employed in the king's service, so that he could not come at the day assigned. It was directed to the justices that they might not record him in default for that day. Cowell. … [Read more...] about WARRANTIA DIEI

Sale and purchase of a stock within a very short time frame, usually to manipulate taxes, where a gain can be washed out by losses on the transaction. Law Dictionary - Alternative Legal Definition In the language of the stock exchange, this is the operation performed by a broker who fills an order from one customer to buy a certain stock or commodity by simply transferring to … [Read more...] about WASH SALE

In old conveyancing. To warrant; to bind one's self, by covenant in a deed of conveyance, to defend the grantee in his title and possession. Warrantizare est defendere et acqui etare tenentem, qui warrantum. vocavit, in seisina sua; et tenens de re warrant! excambium habebit ad valentiam. Co. Litt. 365. To warrant is to defend and insure in peace the tenant, who calls for … [Read more...] about WARRANTIZARE