1. Archaic. The yearly or twice-yearly meeting of one of the early common-law courts.
2. Archaic. The day appointed for a debtor to discharge a mortgage or else forfeit the property to the lender. [Cases: Mortgages 301, 322, 335. C.J.S. Mortgages §§ 506–511, 515, 579, 602, 604.]
3. (cap.) A day on which American schools, public assemblies, and courts draw attention to the importance of law in modern society. • Since 1958, the ABA has sponsored Law Day on May 1 of each year.