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Simple English definitions for legal terms

pocket judgment

Read a random definition: civil offense

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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awww ty wasp :)
i have 4 (baby) cats!
16:46
Damn you know her sarcasm is meant to be scathing when she calls me by my full username and not just Renard
JumpySubsequentDolphin
16:47
@jackfrost11770: FOUR?!??
16:48
I’m only teasing Babycat ily I’ll be seeing you in [REDACTED] very very soon
YES
and they're all rescues from breeders so they're all long haired persians .... w flat faces ....
they're all runts cause breeders just ... dispose of them (:(((() so they're all super tiny
literal babies
babycat
16:49
ily2 renard99
initiallaw
16:49
omg so cute
JumpySubsequentDolphin
16:51
@jackfrost11770: IM SO JEALOUS
2big2fail
16:52
perhaps peggerdine this evening
2big2fail
16:52
but then again, perhaps not
JumpySubsequentDolphin
16:53
damn no ucla wave
16:56
Hey guys! chance me 340/340GRE- 2 years work experience at PIL and wrote compelling statements. but my masters gpa is kinda 3.1 because I was domestically abused. :p
babycat
16:59
schools mostly care about your undergrad GPA
umarrussell
17:07
whats a good GRE score
1a2b3c4d26z
17:07
100% chance at getting into a law school
umarrussell
17:07
i feel like you have to score fairly high to get in with GRE
1a2b3c4d26z
17:07
isn't 340 perfect?
1a2b3c4d26z
17:08
So i feel like they're fine
shaquilleoatmeal
17:08
If one of yall can guess what I ended up gettin at sg about an hour ago I’ll Venmo the cost of the meal😂
if when i called gtown they told me "you will 100% get a decision at the end of this week." and i DO not get a decision today. how badly am i legally allowed to crash out. like i have a feeling i ain't getting anything today 😭
1a2b3c4d26z
17:09
Crash out really hard
shaquilleoatmeal
17:09
https://imgur.com/a/rRr0oeT
1a2b3c4d26z
17:09
evol style
1a2b3c4d26z
17:09
Jk dont do that
shaquilleoatmeal
17:09
Use that bowl size to guess, I’ll give you a hit, protein fuckin packed
1a2b3c4d26z
17:09
which garmin do you have?
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