DOWMENT

In old English law. Endowment; dower. Grogan v. Garrison, 27 Ohio St. 61.

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DOWN AND IN OPTION

A COMPLEX OPTION that creates a standard EUROPEAN OPTION if the price of the UNDERLYING market reference declines through a predefined BARRIER. See also BARRIER OPTION, DOWN AND OUT OPTION, KNOCKIN OPTION, REVERSE KNOCKIN OPTION, UP AND IN OPTION, UP AND OUT OPTION.

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DOWN AND OUT OPTION

A COMPLEX OPTION that extinguishes a standard EUROPEAN OPTION if the price of the UNDERLYING market reference declines through a predefined BARRIER. If the barrier is not breached the European option remains in effect. See also BARRIER OPTION, DOWN AND IN OPTION, KNOCKOUT OPTION, REVERSE KNOCKOUT OPTION, UP AND IN OPTION, UP AND OUT OPTION.

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DOWN ROUND

A second, third or fourth round of VENTURE CAPITAL financing that is done at lower valuation levels than early rounds, suggesting the company may be worth less than initially predicted.

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DOWRESS

A woman entitled to dower ; a tenant in dower. 2 P. Wms. 707.

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DOWAGER

A widow who is endowed, or who has a jointure in lieu of dower. InEngland, this is a title or addition given to the widows of princes, dukes, earls, audother noblemen, to distinguish fDem from the wives of the heirs, who have right tobear the title. 1 Bl. Comm. 224.

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DOWRY

The property which a woman brings to her husband In marriage; now more commonly called a Òportion.ÓBy dowry is meant the effects which the wife brings to the husband to support the expenses of marriage. Civil Code La. art. 2337.This word expresses the proper meaning of the ÒdosÓ of the Roman, the ÒdotÓ of theFrench, and the ÒdoteÓ of the Spanish law, but is a very different thing from Òdower,Ówith which it has sometimes been confounded.By dowry, in the Louisiana Civil Code, is meant the effects which the wife brings to the husband to support the expenses of marriage. It is given to the husband, to be enjoyed by him so long as the marriage shall last, and the income of it belongs to him.He alone has the administration of it during marriage, and his wife cannot deprive him of it. The real estate settled as dowry is inalienable during marriage, unless the marriage contract contains a stipulation to the contrary. De Young v. De Young, 6 La.Ann. 786.

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DOWAGER-QUEEN

The widow of the king. As such she enjoys most of the privileges belonging to her as queen consort. It is nottreason to conspire her death or violate her chastity, because the succession to thecrown is not thereby endangered. No man, however, can marry her without a speciallicense from the sovereign, on pain of forfeiting his lands or goods. 1 Bl. Comm. 233.

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