The unwritten law, the law of Custom. It receives its force from universal usage. CONSIGNEE. The person to whom goods are sent to be sold on commission. CONSIGNOR. The one who consigns his goods to an agent. CONTRA. Latin. On the opposite side. COPARTNERSHIP. The joining of two or more persons into one firm for the purpose of carrying on any business. COUPON. An interest note or certificate, attached to a bond, which is cut off for collection when interest is due. CREDENTIALS. Testimonials of authority; proofs of good character, DEMURRAGE. Money forfeited for detaining a vessel beyond the time named in her Charter party. DISHONOR, A failure to pay a note or other obligation when due. A failure to accept a draft when presented for acceptance. DOCKAGE. Charge for the use of a dock. DOWER. The right of a widow to a one-third interest in all the real estate owned by her husband at any time after their marriage. DRAFT. A written order for the payment of money at a fixed time. DRAWEE. The person on whom a draft is drawn. DURESS. Personal restraint of any kind. EARNEST. Part of purchase money paid to bind a bargain. EFFECTS. Goods, or property, of every kind. EMBARGO. An order of the Government preventing ships from departing or landing. EQUITY. The principles of right and justice. EQUITY OF REDEMPTION. The right allowed a mortgagor of a reasonable time to redeem mortgaged realty. EXECUTION. A writ authorizing an officer to carry into execution the judgment of the Court. FEE SIMPLE. A title to real estate held without conditions by a person in his own right. FORCED SALE. Sale made under compulsion. FORWARDER. One who attends to the shipping and reshipping of goods. GROSS WEIGHT. Weight of goods, including case or wrapping. GUARANTEE. A surety for the performance of a contract. HONOR. To pay or accept a draft when due. IMPORT. Duty paid on goods by importer. INDEMNIFY. To recompense for loss or injury. INDEMNITY. A guaranty against loss. INDENTURE. A writing containing a contract. INDORSE. To write one's name on the back of a note, draft, or other document. INJUNCTION. A writ of Court, by which a party is restrained from doing a certain act. INLAND BILL. A draft between parties in the same country. INSOLVENCY. Inability to pay debts, Bankruptcy. INTESTATE. Dying without having made a will. IN TRANSITU. In a state of going from one place to another. Latin. INVENTORY. An itemized list of goods, or other property, with their value as estimated at the time. INVOICE BOOK. A book in which invoices are kept. JETTISON. Goods thrown overboard to lighten a ship in time of great danger. JOBBER. One who buys from the producer to sell to the retailer. JOB LOT. An irregular collection. Odds and ends unsold at the end of the season. JUDGMENT. The decision of a Court. LEASE. A contract granting possession and use of property for a specified time. LEGACY. A bequest; a gift of property by will. LESSEE. One to whom a lease is made.