owelty

owelty (oh-[schwa]l-tee).

1. Equality as achieved by a compensatory sum of money given after an exchange of parcels of land having different values or after an unequal partition of real property. [Cases: Partition 84. C.J.S. Partition §§ 3, 122.]

2. The sum of money so paid.

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词条贡献者

译者Susanne，世界顶尖法学院国际税法专业，擅长翻译各种与联邦税务纠纷相关的法律文件。