Commodate definition

Commodate





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2 definitions found

From The Collaborative International Dictionary of English v.0.48 [gcide]:

  Commodate \Com"mo*date\, n. [L. commodatum thing lent, loan.]
     (Scots Law)
     A gratuitous loan.
     [1913 Webster]

From Bouvier's Law Dictionary, Revised 6th Ed (1856) [bouvier]:



  COMMODATE, contracts. A term used in the Scotch law, which is synonymous to 
  the Latin commodatum, or loan for use. Ersk. Inst. B. 3, t. 1, Sec. 20; 1 
  Bell's Com. 225; Ersk. Pr. Laws of Scotl. B. 3, t. 1, Sec. 9. 
       2. Judge Story regrets this term has not been adopted and naturalized, 
  as mandate has been from mandatum. Story, Com. Sec. 221. Ayliffe, in his 
  Pandects, has gone further, and terms the bailor the commodant, and the 
  bailee the commodatory, thus avoiding those circumlocutions, which, in the 
  common phraseology of our law, have become almost indispensable. Ayl. Pand. 
  B. 4, t. 16, p. 517. Browne, in his Civil Law, vol. 1, 352, calls the 
  property loaned "commodated property." See Borrower; Loan for use; Lender. 
  
  

















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