Nemo dat quod non habet

Revision as of 10:05, 16 September 2016 by Amwelladmin (talk | contribs)

“No-one can give what he does not have.”

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.

See: