OWELTY

owelty

glossary /

owelty (oh-[schwa]l-tee). 1. Equality as achieved by a compensatory sum of money given after an exchange of parcels of land having different values or after an unequal partition of real property. [Cases: Partition 84. C.J.S. Partition §§ 3, 122.] 2. The sum of money so paid.

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owelty

glossary / , , , ,

owelty n. 平等；找平；持平金；等值 在价值不均等的两片土地交换时，由土地价值较小的所有人一方给予他方所有人以一笔款项或其他补偿，此项补偿旨在使价值持平，称为交易的「持平金」或「找平」〔owelty or equality of exchange〕。

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