nunc valent et quantum valuerunt tempore pacis (n<<schwa>>ngk vay-lent et kwon-t<<schwa>>m val-yoo-er-<<schwa>>nt tem-p<<schwa>>-ree pay-sis). [Latin] Scots law. The value (of the lands) now, and their value in time of peace. • This was the object of an inquiry formerly made in an inquest to assess the value of lands for taxation purposes.

[Blacks Law 8th]