Simple English definitions for legal terms
Read a random definition: Child Support Recovery Act of 1994
Term: mercatum
Definition: Mercatum is a fancy Latin word that means a market, a place where people buy and sell things. It can also refer to a contract or agreement to buy or sell something, like when you make a deal with someone to trade your toy for theirs.
Mercatum is a legal term that refers to a market, a contract of sale, or a bargain. It is used to describe a place where goods are bought and sold, or an agreement between two parties to exchange goods or services for money.
These examples illustrate how mercatum can refer to both physical places (like a grocery store) and agreements between people (like a contract of sale or employment). It is a term that is often used in legal contexts to describe transactions and agreements.