- A pretended exchange of property employed to conceal a transaction which was in fact usurious.
Ballentine's law dictionary. Anderson, W.S.. 1998.
Look at other dictionaries:
dry exchange — In English law, a term formerly in use, said to have been invented for the purpose of disguising and covering usury; something being pretended to pass on both sides, whereas, in truth, nothing passed but on one side, in which respect it was… … Black's law dictionary
exchange — To barter; to swap. To part with, give or transfer for an equivalent. Kessler v. United States, C.C.A.Pa., 124 F.2d 152, 154. To transfer goods or services for something of equal value. Rosenberg v. State, 12 Md.App. 20, 276 A.2d 708, 711. Act of … Black's law dictionary
exchange — A voluntary association or corporation organized for the purpose of furnishing its members a convenient and suitable place to transact their business, of promoting uniformity in the customs and usages of merchants, of inculcating principles of… … Ballentine's law dictionary
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Dry Closing — A type of real estate closing in which the entire closing requirements are fulfilled except the disbursement of funds. In a dry closing all involved parties agree that the closing can still happen and the funds are transfered as soon as possible… … Investment dictionary
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Dry sex (disambiguation) — The term dry sex can mean either: sexual practices which do not involve penetration or the possible exchange of body fluids: see outercourse; or the cultural practice of drying and tightening the vagina prior to sexual intercourse: see dry sex… … Wikipedia