Definition of EQUIVALENT


EQUIVALENT

Of the same value. Sometimes a condition must be literally
accomplished in forma specifica, but some may be fulfilled by an
equivalent, per oequi polens, when such appears to be the intention of the
parties, as, I promise to pay you one hundred dollars, and then die, my
executor may fulfil my engagement, for it is equivalent to you whether the
money be paid to you b me or by him. Roll. Ab. 451, 1 Bouv. Inst. n. 760.


Source: Bouviers Law Dictionary 1856 Edition

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z