Strict Settlement
Bouvier's Law Dictionary and Concise Encyclopedia · John Bouvier; revised by Francis Rawle · 1914
Bouvier's Law Dictionary and Concise Encyclopedia
In England, a settlement to the use of the settlor for life, and after his death to the use that his widow may receive a rent charge (or jointure), subject to these life interests, to trustees for a long term of years in trust to raise by mortgage on the term a sum of money for the portions for his younger children, and subject thereto to the use of his first and other sons successively and the heirs male of their bodies, with the ultimate remainder in default of issue to the settlor in fee simple. STR I CTISSI M I JURIS (Lat. the most strict right or law). In general, when a person receives an advantage, as the grant of a license, he is bound to conform strictly to the exercise of the rights given him by it, and in case of a dispute it will be strictly construed.
See Washburn v. Gould, 3 Stor. C. C. 159, Fed. Cas. No. 17,214.
STRICTUM JUS (Lat). Mere law, in contradistinction to equity.