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Home » Law Dictionary » P » PROVISION

PROVISION

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

(A) com. law. The property which a drawer of a bill of exchange places in the hands of a drawee; as, for example, by remittances, or when the drawee is indebted to the drawer when the bill becomes due, provision is said to have been made. Acceptance always presumes a provision. (B) French law. An allowance granted by a judge to a party for his support; which is to be paid before there is a definitive judgment. In a civil case, for example, it is an allowance made to a wife who is separated from her husband.

Law Dictionary – Alternative Legal Definition

In commercial law. exchange to the drawee in order to meet the bill, or property remaining in the drawee’s hands or due from him to the drawer, and appropriated to that purpose. In ecclesiastical law. A provision was a nomination by the pope to an English benefice before it became void, though the term was afterwards indiscriminately applied to any right of patronage exerted br usurped by the pope. In French law. Provision is an allowance or alimony granted by a judge to one of the parties in a cause for his or her maintenance until a definite judgment is rendered. Dalloz. In English history. A name given to certain statutes or acts of parliament, particularly those intended to curb the arbitrary or usurped power of the sovereign, and also to certain other ordinances or declarations having the force of law. See infra. Provisions of Merton. Another name for the statute of Merton. See Merton, Statute OF. Provisions of Oxford. Certain provisions made in the Parliament of Oxford, 1258, for the purpose of securing the execution of the provisions of Magna Charta, against the invasions thereof by Henry III. The government of the country was in effect committed by these provisions to a standing committee of twenty four, whose chief merit consisted in their representative character, and their real desire to effect an improvement in the king’s government. Brown. Provisions of Westminster. A name given to certain ordinances or declarations promulgated by the barons in A. D. 1259, for the reform of various abuses.

Related Posts:

  • ACCEPTOR
  • DRAWER
  • LETTER OF ADVICE
  • ACCEPTOR SUPRA PROTEST
  • BILL OF EXCHANGE
  • DRAWEE

Filed Under: P

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