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Common |
Definition - adj 1 a : of or relating to a community at large
: See also
public<~ defense>
b : known to the community <a ~ thief>
2 : belonging to or shared by two or more persons or things or by all members of a group <when the insured and the beneficiary perish in a ~ disaster> <~ areas of the building>
3 : of or relating to common stock <~ shares>
Definition - Noun 1 plcap : See also
house of commons 2 : the legal right of taking a profit in another's land in common with the owner or others <the ~ of estovers> <the ~ of pasture>
3 : a piece of land subject to common use: as
a : land jointly owned and used esp. for pasture
b : a public open area in a municipality
4 : a condition of shared ownership
: a condition in which a right is shared with an interest held by another person <held the estate in ~>
see also
tenancy in common at
tenancy compare
severalty 5 : See also
common stock
Based on Merriam-Webster's Dictionary of Law ©2001. Merriam-Webster, Incorporated Published under license with Merriam-Webster, Incorporated. http://www.m-w.com |
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