Search Results for: COVIN

covin

covin (k[schwa]v-[schwa]n). Hist. A secret conspiracy or agreement between two or more persons to injure or defraud another. — Also spelled covine. “Covin is a secret assent determined in the hearts of two or more, to the prejudice of another: As if a tenant for term of life, or tenant in tail, will secretly conspire […]

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covin

covin n. (古)诈害密谋 指两个或两个以上的人以欺诈或损害他人的利益为目的而订立的秘密协议。这一密约仅仅会产生使交易无效的后果,而不会导致诸如欺诈或共谋行为所应承担的法律责任。现在该词已不再使用,相应的意义已为「deceit」、「fraud」、「collusion」、「conspiracy to defraud」等所取代。

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field warehousing

field warehousing. An inventory-financing method by which a merchant pledges its inventory, which is in the possession of a third person (a warehouser). • This is a method of financing an inventory that cannot economically be delivered to the creditor or third party. The borrower segregates part of the inventory and places it under the

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