A financial transaction involving the sale, and future repurchase, of MORTGAGEBACKED SECURITIES for cash. Through the exchange the selling party effectively borrows money from the purchasing party on a collateralized basis for a period that normally covers several days to several weeks. The dollar roll is essentially a form of mortgagebacked REPURCHASE AGREEMENT.
In a wide sense, the Roman law distinguishes between”good,” or rather “permissible” dolus and “bad” or fraudulent dolus. The former isjustifiable or allowable deceit; it is that which a man may employ in self-defense againstan unlawful attack, or for another permissible purpose, as when one dissembles thetruth to prevent a lunatic from injuring himself or others. The latter exists where oneintentionally misleads another or takes advantage of another’s error wrongfully, by anyform of deception, fraud, or cheating. Mackeld. Rom. Law.
In the civil law. Guile; de- ceitfulness; malicious fraud. A fraudulent addressor trick used to deceive some one; a fraud. Dig. 4, 3, 1. Any subtle contrivance bywords or acts with a design to circumvent. 2 Kent, Comm. 560; Code, 2, 21.Such acts or omissions as operate as a deception upon the other party, or violatethe just confidence reposed by hiin, whether there be a deceitful intent {mains animus)or not Poth. Traite de D6pot, nn. 23, 27; Story, Bailm. S 20a; 2 Kent, Comm. 506, note.Fraud, willfulness, or intentionality. In that use It is opposed to culpa, which isnegligence merely, In greater or less degree. The policy of the law may sometimestreat extreme culpa as if it were dolus, upon the maxim culpa dolo comparatur. Aperson is always liable for dolus producing damage, but not always for culpa producingdamage, even though extreme, e. g
the term used to describe papers, instruments, written statements and anything that has been written down.
A part or portion of a meadow is so called; and the word has the generalsignification of share, portion, or the like; as “to dole out” anything among so manypoor persons, meaning to deal or distribute in portions to them. Holthouse.In Scotch law. Criminal intent; evil design. Bell, Diet. voc. “Crime.”
Lat. In Roman law. A subdivision of the as, containing nine under,; theproportion of nine-twelfths, or three-fourths. 2 Bl. Comm. 402, note.
The name of the fictitious plaintiff in the action of ejectment. 3 Steph. Comm. 018.
In Saxon law. The actual perpetrator of a homicide.
Sax. A wound. Spelman.
A recompense for a scar or wound. Cowell.