Nemo dat quod non habet: Difference between revisions
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A [[Latin]] maxim of relevance to assignees and purchasers for value, which was roundly ignored by whoever the bright spark was who came up with the preposterous idea of [[rehypothecation]]. | A [[Latin]] maxim of relevance to assignees and purchasers for value, which was roundly ignored by whoever the bright spark was who came up with the preposterous idea of [[rehypothecation]]. | ||
{{seealso}} | |||
*[[Set-off]] | *[[Set-off]] | ||
*[[Netting]] | *[[Netting]] | ||
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*[[Rehypothecation]] | *[[Rehypothecation]] | ||
{{c|Latin}} | {{c|Latin maxims}} | ||
Revision as of 10:39, 4 May 2017
“No-one can give what he does not have.”
“You can only give as good as you get”
A Latin maxim of relevance to assignees and purchasers for value, which was roundly ignored by whoever the bright spark was who came up with the preposterous idea of rehypothecation.