Site icon The Law Dictionary

STAPLE

intern. law. The right of staple as exercised by a people upon foreign merchants, is defined to be, that they may not allow them to set their merchandises and wares to sale but in a certain place. 2. This practice is not in use in the United States.

Law Dictionary – Alternative Legal Definition

In English law. A mart or market. A place where the buying and selling of wool, lead, leather, and other articles were put under certain terms. 2 Reeve, Eng. Law, 303. In international law. The right of staple, as exercised by a people upon foreign merchants, is defined to be that they may not allow them to set their merchandises and wares to sale but in a certain place. This practice is not in use in the United States. l.Chit. Com. Law, 103. Staple Inn. An inn of chancery. See INNS OF CHANCERY. Statute-staple. In English law. A security for a debt acknowledged to be due, so called from its being entered into before the mayor of the staple, that is to say, the grand mart for the principal commodities or manufactures of the kingdom, formerly held by act of parliament in certain trading towns. In other respects it resembled the statute-merchant, (a. v.,) but like that has now fallen into disuse.

Exit mobile version