Putts And Refusals - Definition - Law Dictionary Home Dictionary Definition putts-and-refusals

Definition :

Putts and refusals, time-bargains or contracts for the sale of supposed stock on a future day. They were forbidden by the 7 Geo. 2, c. 3, s. 1 [the (English) Stock Jobbing Act], repealed by 23 & 24 Vict. c. 28. See GAMING.