Simple English definitions for legal terms
Read a random definition: FLSA
Term: OCTROY
Definition: Octroy means when a king or queen gives someone a special right or privilege.
Octroy (ok-troy) is a verb used to describe the act of a sovereign granting or conceding a privilege.
1. The king octroyed the right to vote to his subjects.
2. The government octroyed a tax exemption to small businesses.
In the first example, the king granted his subjects the privilege of voting. In the second example, the government conceded a tax exemption to small businesses.
It is important to note that octroy is typically used in the context of a sovereign or governing body granting a privilege, rather than an individual.