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Legalnut.com Home
Legal Dictionary
ILLICIT
Legal Term:
ILLICIT
Definition:
What is unlawful what is forbidden by the law. Vide Unlawful. 2. This word is frequently used in policies of insurance, where the assured warrants against illicit trade. By illicit trade is understood that "which is made unlawful by the laws of the country to which the object is bound." The assured having entered into this warranty, is required to do no act which will expose the vessel to be legally condemned. 2 L. R. 337, 338. Vide Insurance; Trade; Warranty.
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***All definitions are taken from the 1856 Edition of Bouviers Law Dictionary
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