Reasonable time
Black's Law Dictionary · Henry Campbell Black, M.A. · 1910
Black's Law Dictionary
Such length of time as may fairly, properly, and reasonably be allowed or required, having regard to the nature of the act or duty, or of the subject-matter, and to the attending circumstances. It is a maxim of English law that "how long a 'reasonable time' ought to be is not defined in law, but is left to the discretion of the judges."
Co. Litt. 50. See Hoggins v. Becraft, 1 Dana (Ky.) 28; Hill v. Hobart, 16 Me. 168; Twin Lick Oil Co. v. Marbury, 91 U. S. 591, 23 In Ed. 328; Campbell v. Whoriskey, 170 Mass. 63, 48 N. EX, 1070. —'Time-bargain.
In the language of the stock exchange, a time-bargain is an agreement to buy or sell stock at a future time, or within a fixed time, at a certain price. It is in reality nothing more than a bargain to pay differences.