Pilgrims; so called as wearing the sign of the cross on their upper garments. Britt. c. 122. The knights of the order of St John of Jerusalem, created for the […]

A crofter; one holding a croft.

a common term for a thief, forger, conman or swindler.

The products of the harvest in corn or grain. Emblements. Insurance Co. v. Deliaven (Pa.) 5 Atl. 65; Goodrich v. Stevens. 5 Lans. (N. Y.) 230.

One who, having no interest in the land, works it in consideration of receiving a portion of the crop for his labor. Fry v. Jones. 2 Rawle (Pa.) 11; Wood […]

A mark made by persons who are unable to write, to stand instead of a signature; usually made in the form of a Maltese cross. As an adjective, the word […]

the term given to an appeal where both parties will appeal the judgement rendered.

A single COLLATERAL agreement that covers multiple LOANS or credit facilities. Also known as DRAGNET CLAUSE. See also POOLED PORTFOLIO COLLATERAL , TRANSACTIONSPECIFIC COLLATERAL .

A GUARANTEE provided by one company to another company that is often related, such as a subsidiary or joint venture , and a reciprocal guarantee provided in the opposite direction. […]

A FOREIGN EXCHANGE rate between two currencies that does not involve the US dollar.

Minority stakes held by two companies in each other; this is often done to help strengthen long term business relationships, and is particularly prevalent in RELATIONSHIP MODEL countries such as […]

An action brought by one who is defendant in a suit against the party who is plaintiff in such suit, upon a cause of action growing out of the same […]

Where both parties to a judgment appeal therefrom, the appeal of each is called a ” cross-appeal ” as regards that of the other. 3 Steph. Comm. 5S1.

Aproxy or substitute HEDGE that is used when an exact replicating hedge is not available, generally by identifying a contract (e.g., a DERIVATIVE) that has a high degree of CORRELATION […]

One which is brought by a defendant in a suit against a plaintiff in or against other defendants in the same suit, or against both, touching the matters in question […]

a claim that is made by a party in a suit that is in opposition to a claim already made.

In code practice . Whenever the defendant seeks affirmative relief against any party, relating to or depending upon the contract or transaction upon which the action is brought, or affecting […]

A clause in a LOAN, BOND, or DERIVATIVE agreement indicating that a technical DEFAULT on one obligation triggers a technical default in all other obligations. Cross default clauses are commonly […]

Where a person against whom a demand is made by another, in his turn makes a demand against that other, these mutual demands are called “cross-demands.” A set-off is a […]

Errors being assigned by the respondent in a writ of error , the errors assigned on both sides are called ” cross-errors .” As to cross “Appeal,” “Bill,” “Complaint,” ” […]

the term used when a witness is examined by the opposing party in the suit before the court.

An agreement between two or more EXCHANGES that permits MARGIN requirements to be computed on a net, rather than gross, basis. Such an agreement avoids

the situation wherre land has been willed to 2 or more people and if one legatee dies the property goes to the other legatees.

A check crossed with two lines, between which are either the name of a bank or the words “and company,” in full or abbreviated. In the former case, the banker […]

A practice where ORDERS to buy and sell listed securities are matched (