Jus accrescendi inter mercatores locum non habet, pro beneficio commercii

Jus accrescendi inter mercatores locum non habet, pro beneficio commercii
The right of survivorship has no place among merchants, which is for the benefit of commerce.

Ballentine's law dictionary. . 1998.

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  • jus accrescendi inter mercatores, pro beneficio commercii, locum non habet — /jas aekrasenday intar markatoriyz, prow ben3fis(hXi)yow kamarsiyay, lowkam non heybat/ The right of survivorship has no place between merchants, for the benefit of commerce. There is no survivorship in cases of partnership, as there is in… …   Black's law dictionary

  • jus accrescendi inter mercatores, pro beneficio commercii, locum non habet — /jas aekrasenday intar markatoriyz, prow ben3fis(hXi)yow kamarsiyay, lowkam non heybat/ The right of survivorship has no place between merchants, for the benefit of commerce. There is no survivorship in cases of partnership, as there is in… …   Black's law dictionary

  • commerce — com·merce n 1: the exchange or buying and selling of goods, commodities, property, or services esp. on a large scale and involving transportation from place to place: trade (2) see also commerce clause; fair labor standards act in the important… …   Law dictionary

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