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Omnium

A Dictionary of Law · Henry Campbell Black · 1891

A Dictionary of Law

In mercantilelaw. <A term used to express the aggregate value of the different stock in which a loan is usually funded.

Tomlins.

Omnium contributione sarciatur quod pro omnibus datum est.

4 Hing. 121.

That which is given for all is recompensed by the contribution of all. A principle of the law of general average. Omnium rerum quarum usus est, potest esse abusus, virtute solo excepta. ‘There may be an abuse of everything of which there is a use, virtue only excepted.

Dav. Ir. K. B. 79.