Definitions from Black's Law Dictionary: 2nd Edition and Ballentine's Law Dictionary as are available for each term in each dictionary.
  • Ballentine's Law Dictionary

    One hundredth.

  • Black's Law Dictionary: 2nd Edition

    In Roman law. The hundredth part. Usuries centesim,œ. Twelve per cent, per annum; that is, a hundredth part of the principal was due each month,—the month being the unit of time from which theRomans reckoned interest. 2 Bl. Comm. 462, note.