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Droit D’execution

A Dictionary of Law · Henry Campbell Black · 1891

A Dictionary of Law

In French Jaw. The right of a stockbroker to sell the securities bought by him for account of a client, if the latter does not accept delivery thereof. Thesame expression is also applied to the sale by a stockbroker of securities deposited with him by his client, in order to guaranty the paymentof operations for which the latter has given instructions.

Arg. Fr. Mere. Law, 557.