DROIT DE GITE

In French feudal law. The duty incumbent on a roturicr, holding lands within theroyal domain, of supplying board and lodging to the king and to his suite while on aroyal progress. Steph. Leet. 351.

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DROP LOCK

A mechanism where the INTEREST RATE on a FLOATING RATE NOTE or BOND is fixed once rates fall below a predefined level. The drop lock allows the issuer to lock in a lower rate of funding. See also NOTE, SPREAD LOCK.

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DROIT DE GREFFE

In old French law. The right of selling various offices connected with the custody of judicial records or notarial acts. Steph.Leet. 354. A privilege of the French kings.

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DROIT DE MAITRISE

In old French law. A charge payable to the crown by any one who, after having served his apprenticeship inany commercial guild or brotherhood, sought to become a master workman in it on his own account. Steph. Leet. 354.

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DROIT DE PRISE

In French feudal law. The duty (incumbent on a roturicr) of supplying to the king on credit, during a certain period,such articles of domestic consumption as might be required for the royal household. Steph. Leet. 351.

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DROIT DE QNINT

In French feudal law. A relief payable by a noble vassal to the king as his seigneur, on every change in the ownership of his fief. Steph. Leet. 350.

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DROIT DE SUITE

The right of a creditor to pursue the debtor’s property into the hands of third persons for the enforcement of his claim.

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DROIT DROIT

A double right; that is. the right of possession and the right ofproperty. These two rights were, by the theory of our ancient law, distinct; and theabove phrase was used to indicate the concurrence of both in one person, whichconcurrence was necessary to constitute a complete title to land. Mozley & Whitley.

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DROIT ECRIT

In French law. (The written law.) The Roman civil law, or Corpus Juris Civilis. Steph. Leet. 130.

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