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Dry Exchange

A New Law Dictionary and Glossary · Alexander M. Burrill · 1850

A New Law Dictionary and Glossary

[L. Lat. camiwm siccum.'\ In English law. A term formerly in use, said to have been invented for the purpose of disguising and covering usury; something being pretended to pass on both sides, whereas in truth, nothing passed but on one side, in which respect it was called dry. Slat. 3 Hen. VII. c. 6. Cowell. Blount. Lad. Lopez, de Contr. et Negot. cited ibid.