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Legal Forums arrow Legal Dictionary

PRECARIUM

Legal Term: PRECARIUM
Definition: The name of a contract among civilians, by which the owner of a thing at the request of another person, gives him a thing to use as long as the owner shall please. Poth. h. t. n. 87. See Yelv. 172; Cro. Jac. 236; 9 Cowen, 687; Roll. R. 128; Bac. Ab. Bailment, c; Ersk. Prin. B. 3, t. 1, n. 9; Wolff, Ins. Nat. 333.

2. A tenancy at will is a right of this kind.



***All definitions are taken from the 1856 Edition of Bouviers Law Dictionary

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