INTERIM
Categories: Contracts
Definition (1910 Edition)
Interest reipublices suprema hominum testamenta rata haberi. It concerns the state that men’s last wills be held valid, [or allowed to stand.] Co. Litt. 2360.
tnade in the mean time, and until something is done.—Interim receipt. A receipt for money paid by way of premium for a contract of insurance for which application is made. If the risk is rejected, the money is refunded, less the pro rate premium.
tnade in the mean time, and until something is done.—Interim receipt. A receipt for money paid by way of premium for a contract of insurance for which application is made. If the risk is rejected, the money is refunded, less the pro rate premium.
Source: Black's Law Dictionary, 2nd Edition (1910) — Public Domain.
UK commentary and modern updates are original additions. This entry is for educational
reference only and does not constitute legal advice.