Law Dictionary Definitions

flowage. The natural movement of water from a dominant estate to a servient estate. • It is a privilege or easement of the owner of the upper estate and a servitude of the lower estate. [Cases: Waters and Water Courses 116–119, 161. C.J.S. Waters §§ 33–34, 255, 259–264, 277–279.][Blacks Law 8th]

flowage. The natural movement of water from a dominant estate to a servient estate. • It is a privilege or easement of the owner of the upper estate and a servitude of the lower estate. [Cases: Waters and Water Courses 116–119, 161. C.J.S. Waters §§ 33–34, 255, 259–264, 277–279.][Blacks Law 8th]

flotsam (flot-s<<schwa>>m). Goods that float on the water’s surface after being abandoned at sea. — Also termed floatage; flotage. Cf. JETSAM; LAGAN(1); WAVESON [Blacks Law 8th]

floterial district.See DISTRICT.[Blacks Law 8th]

flotation cost.See COST(1).[Blacks Law 8th]

flotation. See OFFERING.[Blacks Law 8th]

flotage. See FLOTSAM.[Blacks Law 8th]

floor tax.See TAX.[Blacks Law 8th]

floor price.See PRICE.[Blacks Law 8th]

floor-plan rule.The principle by which a vehicle owner who has placed for sale a vehicle in a retail dealer’s showroom is estopped to deny the title of an innocent purchaser from the dealer in the ordinary course of retail dealing. [Cases: Estoppel 75. C.J.S. Estoppel §§ 118–119.][Blacks Law 8th]