wagering contract

wagering contract
An insurance policy not supported by an insurable interest on the part of the insured. 29 Am J Rev ed Ins §§ 432 et seq. An ordinary gambling contract. See gambling contract.

Ballentine's law dictionary. . 1998.

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Look at other dictionaries:

  • Wagering contract — wager wa ger (w[=a] j[ e]r), n. [OE. wager, wajour, OF. wagiere, or wageure, F. gageure. See {Wage}, v. t.] [1913 Webster] 1. Something deposited, laid, or hazarded on the event of a contest or an unsettled question; a bet; a stake; a pledge.… …   The Collaborative International Dictionary of English

  • wagering contract — noun : a contract by which a promisor agrees that upon the occurrence of an uncertain event or condition he will render a performance for which there is no agreed consideration exchanged, and under which the promisee or the beneficiary of the… …   Useful english dictionary

  • wagering contract — See gaming contract …   Big dictionary of business and management

  • wagering contract — /ˌweɪdʒərɪŋ ˈkɒntrækt/ (say .wayjuhring kontrakt) noun a contract in which mutual promises are made between two persons, that one will pay the other a certain sum of money if a certain event is ascertained to have happened. Also, wager …  

  • wagering contract — One in which the parties stipulate that they shall gain or lose, upon the happening of an uncertain event, in which they have no interest except that arising from the possibility of such gain or loss. See also wager …   Black's law dictionary

  • gambling contract — wager wa ger (w[=a] j[ e]r), n. [OE. wager, wajour, OF. wagiere, or wageure, F. gageure. See {Wage}, v. t.] [1913 Webster] 1. Something deposited, laid, or hazarded on the event of a contest or an unsettled question; a bet; a stake; a pledge.… …   The Collaborative International Dictionary of English

  • gaming contract — A contract involving the playing of a game of chance by any number of people for money. A wagering contract involves only two people. In general, both gaming contracts and wagering contracts are solid and no action can be brought to recover money …   Big dictionary of business and management

  • aleatory contract — /æliˌeɪtəri ˈkɒntrækt/ (say alee.aytuhree kontrakt) noun a contract or agreement of which the effects with respect both to the advantages and the losses depend on uncertain events; a wagering contract …  

  • illegal contract — a contract may be described as illegal if: (1) the aim or object of the contract is criminal or immoral; (2) some specific rule of statute or common law says that it is; (3) the method of contracting is illegal. At common law, contracts to commit …   Law dictionary

  • Carlill v. Carbolic Smoke Ball Company — Infobox Court Case name = Carlill v. Carbolic Smoke Ball Company court = Court of Appeal (Civil Division) date filed = date decided = 7 December 1892 full name = Carlill v. Carbolic Smoke Ball Company citations = [1893] 1 QB 256 judges = Lindley… …   Wikipedia

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