causa data causa non secuta (kaw-z[schwa] day-t[schwa] kaw-z[schwa] non si-kyoo-t[schwa]). [Latin] Roman law. The consideration having been given but the counterpart not having followed. • The phrase appeared in reference to consideration promised for an act that never took place — e.g., an advance payment for work not done, or a gift given in contemplation […]
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feodum (fee-[schwa]-d[schwa]m orfyoo-d[schwa]m). [Law Latin] Hist. 1. A fee; a heritable estate. “Feodum … A fee; the same as feudum. This is the word uniformly employed by Glanville and Bracton to denote an estate of inheritance, and an estate held of another by service, instead of feudum, which is invariably used by the continental feudists.”
A right, enforceable only in equity, to have a demand satisfied from a particular fund or specific property, without having possession of the fund or property. • It arises mainly in four circumstances: (1) when an occupant of land, believing in good faith to be the owner of that land, makes improvements, repairs, or other
tally. 1. Hist. A stick cut into two parts and marked with notches to show what was due between a debtor and creditor. “The tally, used as a receipt for money or chattels, was a narrow wooden stick with notches of varying dimensions to represent the amount received. After the notches had been cut, the
liberate (lib-[schwa]-ray-tee), n. [Law Latin] Hist. 1. A chancery writ to the Exchequer ordering the payment of an annual pension or other sum. 2. A writ to the sheriff authorizing delivery of any property given as bond and then taken when a defendant forfeited a recognizance. 3. A writ to a jailer ordering delivery of
adverse possession. 1. The use or enjoyment of real property with a claim of right when that use or enjoyment is continuous, exclusive, hostile, open, and notorious. • In Louisiana, it is the detention or enjoyment of a corporeal thing with the intent to hold it as one’s own. La. Civ. Code art. 3421. —
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contribution. 1. The right that gives one of several persons who are liable on a common debt the ability to recover ratably from each of the others when that one person discharges the debt for the benefit of all; the right to demand that another who is jointly responsible for a third party’s injury supply
gage (gayj), n. A pledge, pawn, or other thing deposited as security for performance. • An archaic use of this word corresponded to the way wage was formerly used in legal contexts: a gager del ley, for example, was an earlier form of wager of law, while gager de deliverance had the same meaning as
introducta (in-tr[schwa]-d[schwa]k-t[schwa]), n. [Latin] Roman law. Personal property brought into a leased apartment by the tenant. • The lessor held a tacit mortgage over introducta to ensure payment of rent. Cf. INVECTA ET ILLATA.
loan-amortization schedule. A schedule that divides each loan payment into an interest component and a principal component. • Typically, the interest component begins as the largest part of each payment and declines over time. See AMORTIZATION(1).
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