Rent- seek ; a rent reserved without a clause of distress.
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DRY TRUST
A passive trust ; one which requires no action on the partof the trustee beyond turning over money or property to the cestui que trust . Bradfordv. Robinson, 7 Houst. […]
DRY WEIGHT
In tariff laws, this term docs not mean the weight ofan article after desiccation in a kiln, but its air-dry weight as understood in commerce.U. S. v. Perkins, G6 Fed. […]
DRY-CRAFT
Witchcraft; magic. Anc. Inst. Eng.
DRY-MNLTNRES
In Scotch law. Corn paid to the owner of a mill, whether the payers grind or not.
DUAL BOARD SYSTEM
A corporate system where two separate BOARDS OF DIRECTORS are used to monitor and guide a company. Under a typical dual structure the SUPERVISORY BOARD is responsible for strategy and […]
DUAL CITIZENSHIP
the status a person can have when he is claimed by 2 countries to be a citizen and can travel on 2 passports.
DUAL CURRENCY BOND
A BOND that pays interest COUPONS in one currency and PRINCIPAL redemption in a second currency. The exchange rates associated with the coupon and principal cash flows may be specified […]
DUAL PURPOSE FUND
A MUTUAL FUND or UNIT TRUST that issues two separate types of securities, including income shares, which are entitled only to the DIVIDEND flows from the underlying securities, and capital […]
DUAL TRIGGER
An INSURANCE mechanism that provides the INSURED with a payout only if two separate TRIGGER events occur. One trigger is often related to a traditional insurable OPERATING RISK (e.g., damage […]
DUARCHY
A form of government where two reign jointly.Duas uxores eodem tempore habere non licet. It is not lawful to have two wives atthe same time. Inst. 1, 10, G; 1 […]
DUB IT ANTE
Doubting. Is affixed to the name of a judge, in the reports, to signifythat he doubted the decision rendered.
DUBITANS
Doubting. Dobbin, J
DUBITATUR
It is doubted. A word frequently used in the reports to indicate that a point is considered doubtful.
DUBITAVIT
Doubted. Vaughan, C. J., dubitavit. Freem. 150.
DUCAT
A foreign coin, varying In value in different countries, but usually worth about $2.26 of our money.
DUCATUS
In feudal and old English law. A duchy, the dignity or territory of a duke.
DUCES TECUM
(Lat. Bring with you.) The name of certain species of writs, of whichthe subpoena duces tecum is the most usual, requiring a party who is suiumon’vJ toappear in court to […]
DUCES TECUM LICET LANGUIDUS
(Bring with you, although sick.) In practice . An ancient writ, now obsolete, directed tothe sheriff, upon a return that he could not bring his prisoner without danger of death,he […]
DUCHY COURT OF LANCASTER
A tribunal of special jurisdiction , held before the chancellorof the duchy, or his deputy, concerning all matters of equity relating to lands holden ofthe crown in right of the […]
DUCHY OF LANCASTER
Those lands which formerly belonged to the dukes ofLancaster, and now belong to the crown in right of the duchy. The duchy is distinctfrom the county palatine of Lancaster, and […]
DUCKING-STOOL
See CASTIGATORY .
DUCROIRE
In French law . Guaranty ; equivalent to del credere, (which see.)
DUE
1. Just; proper; regular; lawful; sufficient; as in the phrases “due care,” ” due process of law ,” “due notice.”2. Owing; payable; justly owed. That which one contracts to pay […]
DUE AND PROPER CARE
This term applies to the taking care and being diligent to prevent an accident.