"Fonds Perdus" is a word in LAW AND LEGAL

Fonds Perdus LAW AND LEGAL
Definition:

In French law. A capital ls said to be invested d fond* perdus when lt ls stipulated that in consideration of the payment of an amount as interest, higher than the normal rate, the lender shall be re-paid his capital in this manner. The borrow-er, after having pald the Interest during the period determined, is free as regards the cap-ital itself. Arg. Fr. Merc. Law, 560

Few words of positivity

All men should strive to learn before they die what they are running from and to and why.

James Thurber

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Laugh your heart out.

Little Tommy's kindergarten class was on a field trip to their local police station. There they saw pictures tacked to a big bulletin board. The label clearly read, "The 10 Most Wanted."One of the youngsters pointed to a picture and asked if it really was the photo of a wanted person."Yes," said the policeman, "the detectives want him very badly."So Little Tommy asked, while tugging on the man's belt, "Um, mister, why didn't you keep them when you took their pictures?"

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when an executor or other trustee masses the rents, dividends, and other income which he receives, treats it as a …

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