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

VADUM

In old records, a ford, or wading place. Cowell. VAGABOND 1196 VALUABLE CONSIDERATION

VAGRANT

A wandering, idle person; a strolling or sturdy beggar. A general term, including, in English law, the several classes of idle and disorderly persons, rogues, and vagabonds, and incorrigible rogues. 4 Steph.

VALE

In Spanish law. A promissory note. White, New Recop. b. 3, tit. 7, c. 5,

VALENTIA

L. Lat The value or price of anything. VALESHERIA. In old English law. The proving by the kindred of the slain, one on the father’s side, and another on that of the

VALET

was anciently a name denoting young gentlemen of rank and family, but afterwards applied to those of lower degree, and is now used for a menial servant, more particularly occupied about the

VALID

Of binding force. A deed, will, or other instrument, which has received all the formalities required by law, is said to be valid.

VALIDITY

This term Is used to signify legal sufficiency, in contradistinction to mere regularity. “An official sale, an order, judgment, or decree may be regular,

VALOR BENEFICIORUM

L. Lat. The value of every ecclesiastical benefice and preferment, according to which the first fruits aud tenths are collected and paid. It is commonly called the “king’s books,” by which the

VALOR MARITAGII

Lat. Value of the marriage. In feudal law, the guardian in chivalry had the right of tendering to his infant ward a suitable match, without “dis- paragement,” (inequality,) which, if the infants

VALUABLE CONSIDERATION

The distinction between a good and a valuable consideration is that the former consists of blood, or of natural love and affection; as when a man grants an estate to a near

VALUATION

The act of ascertainiug the worth of a thing. The estimated worth of a thing. See Lowenstein v. Schiller, 38 App. Div. 178, 50 N. Y. Supp. 074; State v. Central Pac.

VALUE

The utility of an object in satisfying, directly or indirectly, the needs or desires of human beings, called by economists “value in use;” or its worth consisting in the power of purchasing

VALUED POLICY

A policy Is called “valued,” when the parties, having agreed upon the value of the interest insured, in order to save the necessity of further proof have inserted the valuation In the

VALUER

A person whose business is to appraise or set a value upon property.

VALVASORS, or VIDAMES

An obsolete title of dignity next to a peer. 2 Inst. 667; 2 Steph. Comm. 612. Vans est ilia potentia quae nunquam venit in actum. That power is vain [idle or useless]

VANTARIUS

L. Lat In old records. A fore-footman. Spelman; CowelL

VARA

A Spanish-American measure of length, equal to 33 English inches or a trifle more or less, varying according to local usage. See U. S. v. Perot 98 U. S. 428, 25 L

VARDA

In old Scotch law. Ward; custody; guardianship. Answering to “war- da,” in old English law. Spelman.

VARENNA

In old Scotch law. A warren. Answering to “warenna,” in old English law. Spelman.

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