Define: Disme

Disme
Disme
Quick Summary of Disme

The term “disme” refers to a tenth part of something, similar to the tithe that was historically given to the clergy. It is also the previous spelling of the American 10-cent coin, known as the dime. The plural form of “disme” is “dismes”. “Decimae” is a Latin word that translates to “tenth”. In Ecclesiastical law, it denotes the tenth part of the annual profits of a benefice, originally paid to the Pope and later to the Crown. It can also refer to tithes given to the church, often in the form of grain or wool.

Full Definition Of Disme

A disme, also known as a tenth part, refers to a tithe or a portion that constitutes one-tenth of something. This can include the annual profits of a benefice or spiritual livings. In the past, the term “disme” was used to spell the American 10-cent piece, which is now commonly known as the dime. For instance, under the statute 25 Edw. 3, st. 7, the clergy were entitled to receive a disme or a tenth part of all spiritual livings. Historically, the disme was payable to the Pope or later to the Crown, representing one-tenth of the annual profits of a benefice. The examples provided demonstrate that a disme signifies a tenth part of something, whether it be the annual profits of a benefice or the value of a coin. This term originates from Law French and is frequently used in the context of tithes paid to the church.

Disme FAQ'S

Disme is a legal term that refers to a unit of currency, typically a tenth of a dollar.

No, Disme is an outdated term that was used in the early days of the United States. It was later replaced by the term “dime.”

No, Disme is no longer considered legal tender. It is no longer accepted as a form of payment in any official capacity.

There are no specific laws regarding the use of Disme since it is no longer in circulation. However, it is important to note that using outdated currency as legal tender may not be accepted by businesses or individuals.

Yes, Disme coins can be sold or traded as collectible items. However, their value will depend on factors such as rarity, condition, and demand among collectors.

There are no legal restrictions on owning Disme coins as they are considered historical artifacts. However, it is always advisable to check with local regulations or consult with a legal professional for specific guidelines.

While it is generally legal to melt down coins for their metal value, it is important to note that Disme coins may have historical or collectible value. Destroying or altering them may diminish their worth to collectors.

Yes, Disme coins can be used for numismatic purposes, such as collecting, studying, or displaying historical currency. Many coin collectors find Disme coins to be of interest due to their historical significance.

Counterfeiting any form of currency, including Disme coins, is illegal and subject to severe penalties. Engaging in counterfeit activities is a serious offense that can result in criminal charges.

While Disme coins are no longer considered legal tender, some collectors or numismatic dealers may be interested in purchasing them. However, the exchange value will depend on factors such as condition, rarity, and demand in the market.

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Disclaimer

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: 16th April 2024.

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