Fair

[Fr. feire, feyre; Lat. ferim nund%WB7[ A larger sort of market instituted iu England for the greater convenience of domestic trade and commerce, and held at certain times of the year, either by grant from the crown, or by prescription which supposes a grant. 2 Inst. 220. 1 Bl. Com, 274. Tomlins. According to Lord Coke, every fair is a market, but every market is not a fair. 2 Inst. 406. The privilege of- having a fair is a franchise, which may be held by a town or an individual. 1 Crahh's Real Prop. 525, § 679, et seq. 2 Steph, Com. 14, 15.