gift enterprise

gift enterprise.

1. A scheme for the distribution of items by chance among those who have purchased shares in the scheme. [Cases: Lotteries

3. C.J.S. Lotteries §§ 2–7, 11.]

2. A merchant’s scheme to increase sales without lowering prices by giving buyers tickets that carry a chance to win a prize. • Gift enterprises are regulated by state law. See LOTTERY.

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词条贡献者

法律翻译Howard，在一家顶尖的美国律师事务所担任专职法律翻译，专注翻译各类与信托与财产规划有关的法律文件。