Fonds Perdus
Defined in 3 dictionaries — Bouvier (1914), Black's (1910), Black's (1891)
Bouvier's Law Dictionary and Concise Encyclopedia
John Bouvier; revised by Francis Rawle · 1914
In French Law. Capital Is said to be invested d fonda perdua when It Is stipulated that In consideration of the payment of an amount as interest, higher than the normal rate, the lender shall be repaid his capital In this manner. The borrower, after having paid the Interest during the period determined, is free as regards the capital Itself. Arg. Fr. Merc. Law 560.
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
A Dictionary of Law
Henry Campbell Black · 1891
In French law. A capital is said to be invested @ fonds perdus when it is stipulated that in consideration of the payment of an amount as interest, higher than the normal rate, the lender shall be re paid his capitalin this manner. The borrower, after having paid the interest during the period determined, is free as regards the cap ital itself. Arg. Fr. Mere. Law, 560,