Define: Action Of Abstracted Multures

Action Of Abstracted Multures
Action Of Abstracted Multures
What is the dictionary definition of Action Of Abstracted Multures?
Dictionary Definition of Action Of Abstracted Multures

Action of Abstracted Multures is a term used in the field of economics and finance to describe the process of collecting fees or charges from multiple sources or entities, without considering the specific details or characteristics of each individual source. This action involves treating all sources as a collective whole, disregarding their individual attributes, and applying a uniform fee or charge to the entire group. The purpose of this abstraction is to simplify the administrative process and streamline the collection of fees or charges, particularly in cases where the individual sources are numerous and diverse. The Action of Abstracted Multures is commonly employed in industries such as banking, investment management, and taxation, where it allows for efficient and standardized fee collection procedures.

Full Definition Of Action Of Abstracted Multures

Action of Abstracted Multures is a legal concept that refers to a legal action taken against a person who has unlawfully abstracted or removed multures from a mill or other similar establishment. Multures are the tolls or fees paid for grinding grain or other agricultural produce at a mill.

This legal action can be initiated by the owner or operator of the mill, seeking compensation for the loss of multures due to the defendant’s actions. The plaintiff must prove that the defendant intentionally and unlawfully abstracted the multures, without the owner’s consent or authority.

To succeed in this action, the plaintiff must establish ownership or lawful possession of the mill, the existence of multures, and the defendant’s unauthorized removal or abstraction of these multures. The plaintiff may also need to demonstrate the value of the multures lost and any resulting damages suffered.

If successful, the court may award damages to the plaintiff, typically in the form of monetary compensation equivalent to the value of the abstracted multures. In some cases, the court may also grant injunctive relief, restraining the defendant from further abstracting multures or taking any other actions that may harm the mill’s operations.

Overall, the Action of Abstracted Multures provides a legal recourse for mill owners to protect their rights and seek redress for any losses caused by the unauthorized removal of multures.

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This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 29th March 2024.

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