In English practice. When the members of a court are equally divided on theargument showing cause against a rule nisi, no order Is made, i. e., the rule is neitherdischarged […]

A mechanism where the INTEREST RATE on a FLOATING RATE NOTE or BOND is fixed once rates fall below a predefined level. The drop lock allows the issuer to lock […]

A FLOATING RATE NOTE or BOND that converts into a fixed COUPON obligation when a reference INTEREST RATE is breached on the downside. See also DROP LOCK.

A letter addressed for delivery in the same city or district in which It is posted.

A clause in a REINSURANCE contract that requires the REINSURER to provide coverage to an underlying INSURED if the INSURER cannot fulfill its obligations under the policy CEDED. A dropdown […]

A number of animals collected and driven together in a body ; a flock orherd of cattle in process of being driven; indefinite as to number, but including at leastseveral. […]

In Scotch law. A place adjoining a drove-road, for resting and refreshing sheep and cattle on their journey. 7 Bell. App. Cas. 53. 57.

In Scotch law. A road for driving cattle. 7 Bell. App. Cas. 43, 53. 57. A drift-road. Lord Brougham. Id.

A free pass given by a railroad company, accepting a droveof cattle for transportation , to the drover who accompanies and cares for the cattle onthe train. Railroad Co. v. […]

To merge or sink. “In some cases a right of freehold shall drown In a chattel.” Co. Litt 266a, 321a.

A thicket of wood in a valley. Domesday.

The general name of substances used in medicine; any substance, vegetable,animal, or mineral, used in the composition or preparation of medicines. The term isalso applied to materials used in dyeing […]

a term used to describe the actions of a person who self-administers drug that are dangerous and or harmful.

a person who administers drugs out of habit and not because they need them.

A dealer in drugs; one whose business is to sell drugs and medicines. Instrict usage, this term is to be distinguished from “apothecary.” A druggist deals in theuncompounded medicinal substances; […]

A term applied to commercial agents who travel for wholesale merchantsand supply the retail trade with goods, or take orders for goods to be shipped tothe retail dealer. Robbins v. […]

In old European law. The commander of a drungus, or band ofsoldiers. Applied also to a naval commander. Spelman.

In old European law. A band of soldiers, (globus militum.) Spelman.

A person is “drunk” when he is so far under the Influence of liquor that hispassions are visibly excited or his judgment impaired, or when his brain is so faraffected […]

He is a drunkard whose habit it is to get drunk; whose ebriety has become habitual. The terms “drunkard” and ” habitual drunkard ” mean the same thing. Com. v. […]

In medical jurisprudence . The condition of a man whose mind isaffected by the immediate use of intoxicating drinks; the state of one who is “drunk.”See DRUNK.

In the vernacular, this term means desiccated or free from moisture; but, inlegal use, it signifies formal or nominal, without imposing any duty or responsibility , orunfruitful, without bringing any […]

See EXCIIANCE

One which creates a lien on land for the payment of money, but does not impose any personal liability upon the mortgagor,collateral to or over and above the value of […]

Cash RESERVES held on the corporate balance sheet for future investments, ACQUISITIONS, or LIQUIDITY needs.