market overt

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English

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Etymology

Learned borrowing from Law French market overt, a calque of Anglo-Norman marché ouvert (open market).

Noun

market overt (uncountable)

  1. (law, England and Wales, historical) A rule in English law that overrode the general rule that the purported sale of stolen goods would not transfer ownership, if the goods were openly sold at a designated market between sunrise and sunset.

Usage notes

Rendered historical in England and Wales since the passage of Sale of Goods (Amendment) Act 1994 (c. 32), but may remain good law in some other jurisdictions.