FACULTY OF ADVOCATES

Faculty of Advocates.Scots law. The society comprising the members of the Scottish bar. • Unlike the English bar, the advocates do not have chambers, but all share the facilities of Advocates’ Library in Parliament House.[Blacks Law 8th]

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FACULTIES

faculties.Hist. Eccles. law. 1. An authorization granted to a person to do what otherwise would not be allowed. 2. The extent of a husband’s estate; esp., the ability to pay alimony. See ALLEGATION OF FACULTIES.[Blacks Law 8th]

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FACULTATIVE CERTIFICATE

facultative certificate (fak-<<schwa>>l-tay-tiv).Insurance. A contract of reinsurance separately negotiated to cover risks under a single insurance policy. • Facultative reinsurance allows the reinsurer the “faculty” of assessing and possibly rejecting a particular risk (esp. if underwriting information is inadequate). [Cases: Insurance 3605. C.J.S. Insurance § 1504.][Blacks Law 8th]

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FACTUM OF A WILL

factum of a will.The formal ceremony of making a will; a will’s execution by the testator and attestation by the witnesses.[Blacks Law 8th]

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FACTUM

factum (fak-t<<schwa>>m), n.[Latin] 1. A fact, such as a person’s physical presence in a new domicile. 2. An act or deed, such as the due execution of a will. • Over time, factum in this sense came to mean “charter” — that is, the act or deed of conveying land, reduced to written form. See…

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