Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: L

LOGATING

An unlawful game mentioned iu St 33 Hen. VIII. c. 9.

LOTHERWITE, or 1EYERWIT

In old English law. A liberty or privilege to take amends for lying with a bondwoman without license.

LUCRUM CESSANS

Lat. In Scotch law. A ceasing gain, as distinguished from damnum datum, an actual loss.Lucrum facere ex pupilli tutela tutor non debet. A guardian ought not to make money out of the

LYING BY

A person who, by his presence and silence at a transaction which affects his interests, may be fairly supposed to acquiesce in it, if he afterwards propose to disturb the arrangement, is

LIQUIDATED AND UNLIQUIDATED DAMAGES

The former term is applicable when the amount of the damages has been ascertained by the judgment in the action, or when a specific sum of money has been expressly stipulated by

LAW DAY

The day prescribed in a bond, mortgage, or defeasible deed for payment of the debt secured thereby, or, in default of payment, the forfeiture of the property mortgaged. But this does not

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