statute staple

Hist. 1.A 1353 statute establishing procedures for settling disputes among merchants who traded in staple towns.

• The statute helped merchants receive swift judgments for debt. Cf. STATUTE MERCHANT. 2. A bond for commercial debt.

• A statute staple gave the lender a possessory right in the land of a debtor who failed to repay a loan. See STAPLE.

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词条贡献者

双语律师William，国内知名法学院金融专业，擅长翻译各类与投资基金、投资顾问及金融衍生工具相关的法律文件。