Legal Definition and Related Resources of Arbitration of exchange
Meaning of Arbitration of exchange
Where a merchant pays his debts in one country by a bill of exchange upon another. 2 Mill. Pol. Econ. 168. t
What does Arbitration of exchange mean in American Law?
The definition of Arbitration of exchange in the law of the United States, as defined by the lexicographer Arthur Leff in his legal dictionary is:
Arises when a person pays in one country by a bill of exchange drawn upon a person in another, thus creating another opportunity for arbitrage.
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| Arbitration Of Exchange in the Dictionary | Arbitration Of Exchange in our legal dictionaries | Browse the Legal Thesaurus | Find synonyms and related words of Arbitration Of Exchange |
| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
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| Related topics | Arbitration Of Exchange in the World Encyclopedia of Law |
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This definition of Arbitration Of Exchange Is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.
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Resources
See Also
- Exchange
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