Category: P

In English law. Time-bargains, or contracts for the sale of supposed stock on a future day.

a term used where something is placed before a court.

These words are used in the definition of a robbery from the person. The offense must have been committed by putting in fear the person robbed. 3 Inst. 68; 4 Bl. Comm. 243.

as applied to a bond, or any other legal instrument, signifies bringing an action upon it, or making it the subject of an action.

In old English law. A custom claimed by keepers in forests, and some times by bailiffs of hundreds, to take man’s meat, horse’s meat, and dog’s meat of the tenants and inhabitants within the perambulation of the forest, hundred, etc. The land subject to this custom was called ?’terra putura.” Others, who call it “pulture,” explain it as a demand in general; and derive it from the monks, who, before they were admitted, pulsabant, knocked at the gates for several days together. 4 I nst. 307; Cowell.

In Hindu law. A foot- passenger ; a person employed as a night- watch in a village, and as a runner or messenger on the business of the revenue. Wharton.

In old Scotch law. Petty theft. 2 Pitc. Crim. Tr. 43.

Same as a Ponzi scheme. One person recruits a person to a retail scheme then that person recruits people and son on and son until the first person has an increasing number of peole under them. Each person pays a fee to join and the only people who make money are the first couple of t of sellers.iers

This a network of marketing that is illegal in most countries. In order to sell retail products a person has to pay a joining fee. Only the person initiating the scheme makes any money.

Used in finance to pay off one loan by taking out another loan. This continues until the whole scheme collapses and the borrower declares bankruptcy in order to relieve himself of the debt. In corporate business it involves purhasing shares and buying up small companies in order to control the major company. Using profits on paper to build a finance portfolio.