A sway exchanging periodic payments for one lump payment at maturation.
A yield curve showing discounts for maturities from a starting point to present. This is done through stripping the yield curve.
When a security sells at the price the last transaction had. This price is lower than the transaction prior to that one. Refer to minus tick, plus tick and zero plus tick.
Selling a security at the same price as the last time but higher than the one prior to it. Refer to minus tick, plus tick, and zero minus tick,
A company that is insolvent but continues to operate. This is done before restructuring or a bail out occur.
Lat. A liquor or beverage made of wheat or barley. Dig. 33, 6, 9, pr.
Span. A water ditch or artificial canal, and particularly one used for pur- fiposes of irrigation. See Pico y. Colimas, 32 U Cal. 578.
Span. A water commissioner or superintendent, or supervisor of an ir-Prigation system. See Pico v. Colimas, 32 Cal. 578.
This word is commonly taken in a bad sense, as denoting a separatist from _the Church of England, or a fanatic. Brown.
An untechnical term denoting a witness, on the trial of a cause,who manifests a partiality for the side calling him, and an eager readiness to D tellanything which he thinks may be of ad- vantage to that side.
O. Sc. Year. “Zeir and day.” Bell.
Proceeding by inquiry. Enc. Lond.
Rogues and vagabonds in the middle ages; from Zigi, nowCircassia.
A union of Germanstates for uniformity of customs, established in 1819. It continued until the unificationof the German empire, including Prussia, Saxony, Bavaria, Wurtemberg, Baden, Hesse-Cassel, Brunswick, and Meckienburg-Strelitz, and all intermediate principalities. It hasnow been superseded by the German empire; and the federal council of the empire hastaken the place of that of the ZoR-Verein. Wharton.
In the civil law. A measure or quantity of land. Nov. 17, c. 8. Asmuch land as a yoke of oxen could plow in a day. Calvin.
In the civil law. A weigher; an officer who held or looked to thebalance in weighing money between buyer and seller; an officer appointed to determinecontroversies about the weight of money. Spelman.
Equity abhors superfluous things. Lofft, 282.
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