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Modiatio

Modiatio, a certain duty paid for every tierce of wine, Dugd. Mon. t. ii. p. 194.

P.P.I

P.P.I. See POLICY PROOF OF INTEREST.

P.O.D. account

P.O.D. account [Payable On Death] : an account payable on request to an original party or upon the party's

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S.P.,

S.P., sine prole without issue; d.s.p. means 'demisit sine prole,' i.e. 'died without issue.'

Locus p'nitenti'

Locus p'nitenti' (a place or chance of repentance), a power of drawing back from a bargain before any act has

P'n' potius molliend' quam exasperand' sunt

P'n' potius molliend' quam exasperand' sunt. 3 Inst. 220, (Punishments should rather be softened than aggravated.)

P.O

P.O., abbreviation for public officer (q.v.); also for Post Office.

Solvere p'nas

Solvere p'nas, to pay the penalty.

F.P.A

F.P.A., these letters in connection with marine policies mean 'free from particular average.' See AVERAGE.

L.L.P.

L.L.P. limited liability partnership

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