Fr. It seems; it would appear. This expression is often used In the reports to preface a statement by the court upon a point of law which is not directly decided, when such statement is intended as an intimation of what the decision would be if the point were necessary to be passed upon. It is also used to introduce a suggestion by the reporter, or his understanding of the … [Read more...] about SEMBLE
SEMBLE
SEMAYNE’S CASE
This case decided, in 1604, that "every man's house [meaning his dwelling-house only] is his castle," and that an officer executing civil process may not break open outer doors in general, but only inner doors, but that (after request made) he may break open even outer doors to find goods of another wrongfully in the house. Brown. It is reported in 5 Coke, 91. … [Read more...] about SEMAYNE’S CASE
SELLER
contracts. One who disposes of a thing in consideration of money; a vendor. 2. This term is more usually applied in the sale of chattels, that of vendor in the sale of estates. 3. The duties of the seller are, 1. To deal with fairness. 2. To deliver the thing sold at the time and place appointed, and to take care of it until delivery; but when everything the seller has to do … [Read more...] about SELLER
SELL SHORT
Usually a financial term (as opposed to the real estate term short sale) where a stock or commodity is borrowed from another party and sold based upon the belief that the stock will go down quickly. The borrower will repurchase the stock with the proceeds at a stated later time, return it to the lender and thus realize a net gain (or potentially a loss) on the transaction. … [Read more...] about SELL SHORT
SELL
To transfer or give one's property to another in exchange for money. See also barter. … [Read more...] about SELL
