MOIETY

moiety

moiety (moy-[schwa]-tee). 1. A half of something (such as an estate). — Also termed mediety. 2. A portion less than half; a small segment. 3. In federal customs law, a payment made to an informant who assists in the seizure of contraband, the payment being no more than 25% of the contraband’s net value (up […]

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