Law Dictionary Definitions

fidei-commissary (fI-dee-I-kom-<<schwa>>-ser-ee). See CESTUI QUE TRUST.[Blacks Law 8th]

fidei-commissarius. See CESTUI QUE TRUST.[Blacks Law 8th]

fidei-commissarius. See CESTUI QUE TRUST.[Blacks Law 8th]

fideicomiso (fee-day-koh-mee-soh).Mexican law. A trust; esp., a trust that is established for the purpose of acquiring property in Mexico with a Mexican bank as trustee and a non-Mexican (who may be the settlor) as beneficiary. • The property is held in the name of the trust, but the beneficiary has all the rights and obligations…

fide-committee. A beneficiary; CESTUI QUE TRUST. — Also termed fidei-commissarius. “In a particular case, a cestuy que trust is called by the Roman law, fideicommissarius. In imitation of this, I have seen him somewhere or other called in English a fide-committee. This term, however, seems not very expressive. A fide-committee, or, as it should have…

fictitious seisin.See seisin in law under SEISIN.[Blacks Law 8th]

fictitious promise.See implied promise under PROMISE.[Blacks Law 8th]

fictitious person.See artificial person under PERSON(3).[Blacks Law 8th]

fictitious-payee rule.Commercial law. The principle that if a drawer or maker issues commercial paper to a payee whom the drawer or maker does not actually intend to have any interest in the instrument, an ensuing forgery of the payee’s name will be effective to pass good title to later transferees. — Also termed padded-payroll rule.…

fictitious party.See PARTY(2).[Blacks Law 8th]