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Simple English definitions for legal terms

pocket judgment

Read a random definition: extramural powers

A quick definition of pocket judgment:

Pocket judgment is an old law that helped people get their money back if someone owed them a debt. It was a special kind of bond that the debtor had to sign, promising to pay back the money. If they didn't pay, the creditor could take their land, goods, and even their body to get the money back. This law was made a long time ago, in the 13th century, and was used until 1863. It was important for trade and commerce because it made people more confident to lend money.

A more thorough explanation:

Definition: Pocket judgment is a term used in history to refer to the Statute Merchant, which was a law created in the 13th century to help secure and recover debts. It allowed for a commercial bond to be established, which, if not paid on time, could result in swift execution on the debtor's lands, goods, and body. The term "pocket judgment" refers to this commercial bond.

Example: In the interest of commerce, the Statute Merchant was created during the reign of Edward I. This law allowed creditors to demand the seizure and imprisonment of their debtor's body if they failed to pay their debt on time. This was a significant change in the common law, which previously did not allow for a person to pledge their body or liberty for payment of a debt.

Explanation: The example illustrates how the Statute Merchant, also known as pocket judgment, was a significant development in the history of English law. It allowed for a new form of security for creditors and helped to promote commerce by providing a way to recover debts more efficiently. The term "pocket judgment" refers to the commercial bond established under this law, which was a powerful tool for creditors to enforce their rights.

pocket immunity | pocket money

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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