Dry Exchange
A Law Dictionary, Adapted to the Constitution and Laws of the United States · John Bouvier · 1839
A Law Dictionary, Adapted to the Constitution and Laws of the United States
contracts. A term invented for disguising and covering usury, in which something was pretended to pass on both sides, when in truth nothing passed on one side, whence it was called dry. Stat. seck, was a rent reserved without a clause of distress.