Definitions
from The Century Dictionary.
- noun In law, a payment in advance; specifically, a premium paid by a lessee on taking his lease, in distinction from the rent.
from the GNU version of the Collaborative International Dictionary of English.
- noun (Law) A premium paid by a lessee when taking his lease.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun law, chiefly UK A
payment in advance; an advance payment orpremium paid by alessee on taking or renewing alease , distinct from therent .
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
From fore- + gift.
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Examples
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_Grassum_ is the term commonly used in the northern parts of the kingdom to signify the fine, or foregift in money, paid by a lessee for the renewal of his lease from a lay or ecclesiastical corporation.
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