Pretium
The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
The Cyclopedic Law Dictionary
or PRECIUM (Lat. price; value). In the civil law. The price of a thing sold, which properly consisted in counted money; pretium in numerata pecunia consistere debet.
Inst. 3. 24. 2.
Pretium constitui oportet, nam nulla emptio sine pretio esse potest, the price ought to be fixed for there can be no purchase without a price.
Id.; Dig. 18. 1.
2; 2 Kent, Comm. 477. fancy of the owner in his affection for it, or for the person from whom he obtained it. Bell, Diet.