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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双语律师Andrew,欧洲名校国际税法专业,擅长翻译各类与国际税法相关的法律文件。
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