Category: F

In old English law. Stealthily ; by stealth. Fleta, lib. 1, c. 38,

Lat. Theft. The fraudulent appropriation to one’s self of the property ofanother, with an intention to commit theft without the consent of the owner. Fleta, 1. 1,c. 36; Bract, fol. 150; 3 Inst 107.The thing which has been stolen. Bract, fol. 151.

In old English law. A beating with sticks or clubs; one of the ancientkinds of punishment of malefactors. Bract fol. 1046, lib. 3. tr. 1, c. 6.

In old English law. A staff, used in making livery of seisin. Bract fol. 40. A baton, club, or cudgel.

An EXCHANGETRADED DERIVATIVE contract that permits the purchaser to buy, and the seller to sell, an ASSET at a predetermined future price and delivery date. Standardized futures contracts are available on assets/securities from the FIXED INCOME, EQUITY, FOREIGN EXCHANGE, and commodity markets, and can be settled in cash or physical (depending on contract specifications). Contracts are secured by INITIAL MARGIN and are MARKEDTOMARKET on a daily basis by the CLEARINGHOUSE; VARIATION MARGINS are posted to cover daily market movement. See also FUTURES OPTION, FUTURES CALL, FUTURES PUT.

An agreement within a mortgage allowing a borrower to get more money and increase a mortgage principal without redoing all existing paperwork on the existing mortgage. P

Scheduling technique where a specific project completion date, possibly years in the future, must be met. From that future date back to current time, the steps and the durations needed are calculated and posted. Best example is a manufacturer seeking to be first in a new market niche by a certain date, maps out steps schedule, and resource needed to achieve that date.

In Scotch law. A debt which is created, but which will not becomedue till a future day. 1 Bell, Comm. 315.

Lat. An intention of stealing.

In old English law. A fork. A gallows or gibbet. Bract fol. 56.