Law Dictionary

owelty

noun ow·el·ty \ ˈō-əl-tē \

legal Definition of owelty

plural owelties
:a lien created or a pecuniary sum paid by order of the court to effect an equitable partition of property (as in divorce) when such a partition in kind would be impossible, impracticable, or prejudicial to one of the parties
  • an owelty award

Origin and Etymology of owelty

Anglo-French oelté equality, from Latin aequalitat- aequalitas


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to suppress quietly or indirectly

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