Hello, you have come here looking for the meaning of the word
law merchant. In DICTIOUS you will not only get to know all the dictionary meanings for the word
law merchant, but we will also tell you about its etymology, its characteristics and you will know how to say
law merchant in singular and plural. Everything you need to know about the word
law merchant you have here. The definition of the word
law merchant will help you to be more precise and correct when speaking or writing your texts. Knowing the definition of
law merchant, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
English
Etymology
Calque of Latin lex mercatoria
Noun
law merchant (countable and uncountable, plural laws merchant)
- (historical) A body of commercial law.
1777, Richard Brinsley Sheridan, The School for Scandal, II.ii:Yes Madam, I would have Law Merchant for that too—and in all cases of slander currency, whenever the Drawer of the Lie was not to be found, the injured Party should have a right to come on any of the indorsers.
1890, Session Laws of the State of Washington, page 11:[…] protesting bills of exchange and promissory notes, and such other duties as pertain to that office by the custom and laws merchant; ( 2 ) to take acknowledgments of all deeds and other instruments […]