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IMPLICATA Definition & Legal Meaning

Definition & Citations:

A term used in mercantile law, derived from the Italian. In order toavoid the risk of making fruitless voyages, merchants have been in the habit of receivingsmall adventures, on freight, at so much per cent., to which they are entitled at allevents, even if the adventure be lost; and this is called “implicata.” Wharton.

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