statute merchant

noun

: a bond of record formerly in use in England giving the creditor power to seize the property of the debtor for failure to pay at a designated time

Word History

Etymology

Middle English statut marchand, from Anglo-French estatu marchaund, literally, merchant statute

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Dictionary Entries Near statute merchant

Cite this Entry

“Statute merchant.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/statute%20merchant. Accessed 24 Jun. 2024.

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