DE MERCATORIBUS

de mercatoribus (dee m[schwa]r-k[schwa]-tor-[schwa]-b[schwa]s), n. [Latin “of merchants”] Hist. The title of two statutes enacted in the 11th and 13th years of the reign of Edward I, providing that the land of a business debtor could be held by a creditor as security until the debt was paid. “But by the statute de mercatoribus… the […]