statute merchant

statute merchant
See De Mercatoribus; estate by statute merchant.

Ballentine's law dictionary. . 1998.

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  • Statute merchant — Statute Stat ute ( [ u]t), n. [F. statut, LL. statutum, from L. statutus, p. p. of statuere to set, station, ordain, fr. status position, station, fr. stare, statum, to stand. See {Stand}, and cf. {Constitute}, {Destitute}.] 1. An act of the… …   The Collaborative International Dictionary of English

  • Statute merchant — and STATUTE STAPLE; two old forms of security, long obsolete in English practice, though references to them still occur in some modern statutes. The former security was first created by the Statute of Acton Burnell (1283) and amplified by the… …   Wikipedia

  • statute merchant — noun Etymology: Middle English statut marchand, from Anglo French estatu marchaund, literally, merchant statute : a bond of record formerly in use in England giving the creditor power to seize the property of the debtor for failure to pay at a… …   Useful english dictionary

  • estate by statute merchant — The interest or estate of the creditor in land conveyed to him under the statute 13 Edward I, De Mercatoribus, and therefore called a statute merchant. This conveyance was by way of security to be held by the creditor as tenant by statute… …   Ballentine's law dictionary

  • tenant by statute merchant — See estate by statute merchant …   Ballentine's law dictionary

  • Statute — Stat ute ( [ u]t), n. [F. statut, LL. statutum, from L. statutus, p. p. of statuere to set, station, ordain, fr. status position, station, fr. stare, statum, to stand. See {Stand}, and cf. {Constitute}, {Destitute}.] 1. An act of the legislature… …   The Collaborative International Dictionary of English

  • Statute book — Statute Stat ute ( [ u]t), n. [F. statut, LL. statutum, from L. statutus, p. p. of statuere to set, station, ordain, fr. status position, station, fr. stare, statum, to stand. See {Stand}, and cf. {Constitute}, {Destitute}.] 1. An act of the… …   The Collaborative International Dictionary of English

  • Statute cap — Statute Stat ute ( [ u]t), n. [F. statut, LL. statutum, from L. statutus, p. p. of statuere to set, station, ordain, fr. status position, station, fr. stare, statum, to stand. See {Stand}, and cf. {Constitute}, {Destitute}.] 1. An act of the… …   The Collaborative International Dictionary of English

  • Statute fair — Statute Stat ute ( [ u]t), n. [F. statut, LL. statutum, from L. statutus, p. p. of statuere to set, station, ordain, fr. status position, station, fr. stare, statum, to stand. See {Stand}, and cf. {Constitute}, {Destitute}.] 1. An act of the… …   The Collaborative International Dictionary of English

  • statute fair — Statute Stat ute ( [ u]t), n. [F. statut, LL. statutum, from L. statutus, p. p. of statuere to set, station, ordain, fr. status position, station, fr. stare, statum, to stand. See {Stand}, and cf. {Constitute}, {Destitute}.] 1. An act of the… …   The Collaborative International Dictionary of English

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