Latin: Price; cost; value; the price of an article sold. Prettuat aJFeetionis. An imaginary value put upon a thing by the fancy of the owner, and growing out of his attachment for the specific article, its associations, his sentiment for the donor, etc. Bell; The H. F. LMmock, tt Fed. 233, 23 C. C A. 123. Pretium perlculi. The price of the risk, e. g” the premium paid on a policy of insurance; also the interest paid on money advanced on bottomry or respondentia. Pretium sepulchri. A mortuary, fa. t?.) Pretium suceedit ia locum rei The price stands in the place of the thing sold. 1 Bouv. Inst. no. 930; 2 Bulst. 312.
PRETIUM
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