MOHATRA
\mə͡ʊhˈɑːtɹə], \məʊhˈɑːtɹə], \m_əʊ_h_ˈɑː_t_ɹ_ə]\
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In French law. A transaction covering a fraudulent device to evade the laws against usury. It takes place where an individual buys merchandise from another on a credit at a high price, to sell it immediately to the first seller, or to a third person who acts as his agent, at a much less price for cash. 16 Toullier, no. 44.
By Henry Campbell Black
Word of the day
Snake's-head
- Guinea-hen flower; -- so called in England because its spotted petals resemble the scales of a snake's head.