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.


专业法律词汇 词条贡献者
译者Frank,毕业于英国一流的高级翻译学院,擅长翻译涉及交通物流领域的法律文件。
Scroll to Top