market overt

An open, public, and legally constituted market. In England, sales in market overt are an exception to the rule that no one can transfer even to a bona fide purchaser any greater or better title than he himself has. The established American doctrine is that a purchaser in a public, open market acquires no better title to goods than if he had bought them elsewhere. 46 Am J1st Sales § 462.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • market overt — See nemo dat quod non habet. Collins dictionary of law. W. J. Stewart. 2001 …   Law dictionary

  • market overt — noun ( s) : an open public market authorized and regulated by law at which purchasers of goods with certain exceptions acquire good title regardless of any defects in the seller s title * * * market overt noun (law) The sale of goods in open or… …   Useful english dictionary

  • market overt — In English law, an open and public market place or spot of ground set apart by custom for the sale of particular goods is, in the country, the only market overt; but in London every shop in which goods are exposed publicly to sale is market overt …   Black's law dictionary

  • market overt — /makət ˈoʊvɜt/ (say mahkuht ohvert) noun the tenet that all sales are binding, not only on parties to sale but on all other persons; thus a purchaser acting in good faith acquires a valid title to goods even if they are stolen unless the true… …   Australian English dictionary

  • the market overt — market forces, supply and demand …   English contemporary dictionary

  • overt — o vert ([=o]*v[ e]rt or [=o] v[ e]rt), a. [OF. overt, F. ouvert, p. p. of OF. ovrir, F. ouvrir, to open, of uncertain origin; cf. It. aprire, OIt. also oprire, L. aperire to open, operire to cover, deoperire to uncover. Perh. from L. aperire… …   The Collaborative International Dictionary of English

  • overt — Open; manifest; public; issuing in action, as distinguished from that which rests merely in intention or design. Market overt. See market @ overt act An open, manifest act from which criminality may be implied. An outward act done in pursuance… …   Black's law dictionary

  • market — Synonyms and related words: Dow Jones Industrial Average, Wall Street, agora, auto show, balance of trade, bazaar, be in, big business, bill of sale, boat show, browse, business, business dealings, buy and sell, call, campo, carriage trade, carry …   Moby Thesaurus

  • Market power — Competition law Basic concepts History of competition law Monopoly Coercive monopoly Natural monopoly …   Wikipedia

  • Market Oriented Sector Selective talks — The Market Oriented Sector Selective talks (MOSS) were held between the United States and Japan in 1984. Topic were trade frictions on four product areas: forest products, telecommunications equipment and services, electronics, and… …   Wikipedia

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