Pecunia Sepulchralis
Defined in 3 dictionaries — Cyclopedic (1922), Ballentine's (1916), Black's (1910)
The Cyclopedic Law Dictionary
Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
Money anciently paid to the priest at the opening of a grave for the good of the deceased's soul. PECUNIA TRAJECTITIA (Lat.) A loan of money which, either itself or in the shape of goods bought with it, is to be carried over the sea, the lender to take the risk from the commencement of voyage till arrival at port of destination, and on that accotint to have higher interest; which interest is not essential to the contract, but, if reserved, is called foenus nauticwm. thfi transaction as well as the interest, making it coextensive with peewrda trajec Utia.
Ballentine's Law Dictionary
James A. Ballentine · 1916
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
Money anciently paid to the priest at the opening of a grave for the good of the deceased's soul.
—Pecunia trajectitia..
In the civil law. A loan in money, or in wares which the debtor purchases with the money to be sent by sea, and whereby the creditor, according to the contract, assumes the risk of the loss from the day of the departure of the vessel till the day of her arrival at her port of destination. Interest does not necessarily arise from this loan, but when is stipulated for it is termed "nauticum fœnus," (maritime interest,) and, because of the risk which the creditor assumes, he is permitted to receive a higher interest than usual. Mackeld. Rom. Law, § 433. Defined under Pecunia in Black's Law Dictionary.