A system of customs or rules relative to bills of exchange, partnership, and other mercantile matters, and which, under the name of the “lex mercatoria,” or “law-merchant,” has been ingrafted into and made a part of, the common law. 1 Bl. Comm. 75: 1 Steph. Comm. 54; 2 Burrows, 1226, 1228.
A custom of intestacy in the province of York similar to that of London. Abolished by 19 & 20 Vict. c. 94.
In administrative law. The house or office where commodities are entered for importation or exportation; where the duties, bounties, or drawbacks payable or receivable upon such importation or exportation are paid or received; and where ships are cleared out, etc.
One whose occupation it is, as the agent of others, to arrange entries and other custom-house papers, or transact business, at any port of entry, relating to the importation or exportation of goods, wares, or merchandise. 14 St. at Large, 117. A person authorized by the commissioners of customs to act for parties, at their option, in the entry or clearance of ships and the transaction of general business. Wharton. Custom is the best interpreter of the law. 4 Inst. 75; 2 Eden, 74; McKeen v. Delancy, 5 Cranch, 32, 3 L. Ed. 25; Mc- Ferran v. Powers, 1 Serg. & It. (Pa.) 100.
The enclosed space of ground and buildings immediately surrounding a dwelling-house. In its most comprehensive and proper legal signification, it includes all that space of ground and buildings thereon which is usually enclosed within the general fence immediately surrounding a principal messuage and outbuildings, and yard closely adjoining to a dwelling-house, but it may be large enough for cattle to be levant and couchant therein. 1 Chit. Gen. Pr. 175. The curtilage of a dwelling-house is a space, necessary and convenient and habitually used for the family purposes, and the carrying on of domestic employments. It includes the garden, if there be one. and it need not be separated from other lands by fence. State v. Shaw, 31 Me. 523; Com. v. Rarney, 10 Cush. (Mass.) 480; Derrickson v. Edwards, 29 N. J. Law, 474. SO Am. Dec. 220. The curtilage is the court-yard in the front or rear of a house, or at its side, or any piece of ground lying near, enclosed and used with, the house, and necessary for the convenient occupation of the house. People v. Geduey, 10 Ilun (X. Y.) 154. In Michigan the meaning of curtilage lias been extended to include more than an enclosure near the house. People v. Taylor, 2 Mich. 250.
In old English law. Court lands. Cowell. See COUBT LANDS.
A curtilage; the area or space within the inclosure of a dwellinghouse. Spelman.
A garden; a space about a house; a house, or manor; a court, or palace; a court of justice; a nobleman’s residence. Spelman.
The vear now running. Doe v. Dobcll, 1 Adol. & Eh 800; Clark v. Lancaster County, 69 Neb. 717, 96 N. W. 593.
The RISK of loss arising from a change in the shape of the YIELD CURVE (i.e., the TERM STRUCTURE of INTEREST RATES). Although curve risk is generally associated with interest rates, it is also evident in other financial variables with a term structure, such as VOLATILITY of interest rates, FOREIGN EXCHANGE rates, and EQUITIES. A subcategory of MARKET RISK.