Prime
Defined in 2 dictionaries — Bouvier (1914), Black's (1910)
Bouvier's Law Dictionary and Concise Encyclopedia
John Bouvier; revised by Francis Rawle · 1914
In a contract for delivery of “prime barley” prime will be understood according to its use among merchants. Whitmore v. Coates, 14 Mo. 9. Prime cost, the true price paid for goods upon a bona fide purchase. U. S. v. Sixteen Packages, 2 Mas. 53, Fed. Cas. No. 16,303. Used in Louisiana as “having precedence of”; as, to prime a mortgage.
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
Fr.
In French law. The price of the risk assumed by an insurer; premium of insurance. Emerig. Traite des Assur. c. 3, § 1, nn. 1, 2.
v. To stand first or paramount to take precedence or priority of; to outrank; as, in the sentence "taxes prime all other liens."