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Usurer - Law Dictionary Search Results

Home Dictionary Name: usurer

usurer

usurer : one that engages in usury ...


usurp

usurp [Latin usurpare to take possession of without a strict legal claim, from usus use + rapere to seize] vt : to seize and hold (as office, place, or powers) in possession by force or without right [the courts may not the powers of the legislature] vi : to seize or exercise authority or possession wrongfully usur·pa·tion [yü-sər-pā-shən, -zər-] n usurp·er [y-sər-pər, -zər-] n ...


Bond

Bond [fr. binda, band, bunden, A. S., to bind], a written acknowledgement or binding of a debt under seal. See DEED. No technical form of words is necessary to constitute a bond; see Gerrard v. Clowes, (1892) 2 QB 11; Strickland v. Williams, (1899) 1 QB 382. The person giving the bond is called the obligor, and he to whom it is given the obligee. A bond is called single (simplex obligatio) when it is without a penalty, but there is generally a condition added, that, if the obligor does or forbears from some act, the obligation shall be void, or else shall remain in full force, and the bond is then called a double or conditional one; see Dav. Prec. Vol. V., pt. Ii., p. 268. When a bond contains a penalty, which is generally double the amount of the principal sum secured, only the sum actually owing, with interest, can be recovered, and in no case can this exceed the amount appearing on the face of the bond. See 8 & 9 Wm. 3, c. 11, s. 8; Re Dixon, (1900) 2 Ch 561.Although it is unnecessa...


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