Simple English definitions for legal terms
Read a random definition: minor fact
Denarius Dei: A type of money that was given as a promise to pay for something in the future. It was called "God's penny" because it was originally given to the church or to the poor. It was not part of the actual payment. Another name for it is argentum Dei.
Denationalization: There are two meanings for this word. The first is when a country takes away someone's citizenship without their permission. The second is when a government gives control of a business or industry back to private owners instead of controlling it themselves. To denationalize means to do this action.
Definition: Denarius Dei is a historical term that refers to earnest money exchanged by contracting parties. It was called "God's penny" because the money was originally given either to the church or to the poor. The denarius Dei was not part of the consideration. It is also known as argentum Dei.
Example: In medieval times, when two parties made a contract, they would exchange a small amount of money as a symbol of their commitment. This money was called denarius Dei because it was given to the church or the poor. For example, if a farmer wanted to sell his land to a lord, they would exchange a denarius Dei to seal the deal.
Definition: Denationalization has two meanings. Firstly, it refers to the unilateral act of a country in depriving a person of nationality, whether by administrative decision or by operation of law. Secondly, it refers to the act of returning government ownership and control of an industry or function to private ownership and control.
Example: An example of the first meaning of denationalization is when a country revokes the citizenship of a person who has committed a serious crime. For example, if a person is found guilty of terrorism, their citizenship may be revoked by the government. An example of the second meaning of denationalization is when a government-owned company is sold to a private company. For example, in the 1980s, the UK government denationalized many industries, including British Telecom and British Gas, by selling them to private companies.