COVER (from the Fr. convert, from couvrir, to cover, Lat. cooperire)
This article appears in Volume V07, Page 343 of the Encyclopedia Britannica.
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Encyclopedia Britannica - Main :: COR-CRE
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COVER (from the Fr. convert, from couvrir, to cover, Lat. cooperire) , that which hides, shuts.in or conceals, a lid to abox or vessel, &c., the binding of a book or wrapper of a parcel; as a hunting term, the wood See Also: - WOOD, ANTHONY A2 (1632-1695)
- WOOD, JOHN GEORGE (1827—1889)
- WOOD, MRS
HENRY See Also: - HENRY
- HENRY (1129-1195)
- HENRY (c. 1108-1139)
- HENRY (c. 1174–1216)
- HENRY (Fr. Henri; Span. Enrique; Ger. Heinrich; Mid. H. Ger. Heinrich and Heimrich; O.H.G. Haimi- or Heimirih, i.e. " prince, or chief of the house," from O.H.G.
heim , the Eng. home , and rih, Goth. reiks; compare Lat. rex " king "—" rich," therefore " mig - EDWARD _LAMSON_1841_.html">HENRY,
EDWARD LAMSON (1841– ) - HENRY, JAMES (1798-1876)
- HENRY, JOSEPH (1797-1878)
- HENRY, MATTHEW (1662-1714)
- HENRY, PATRICK (1736–1799)
- HENRY, PRINCE OF
BATTENBERG (1858-1896) - HENRY, ROBERT (1718-1790)
- HENRY, VICTOR (1850– )
- HENRY, WILLIAM (1795-1836)
[ELLEN] (1814—1887) - WOOD, SEARLES VALENTINE (1798—188o)
or undergrowth which shelters game. As a commercial term, the word means in its widest sense a security against loss, but is employed more particularly in connexion with stock exchange transactions to signify a " deposit made with a broker to secure him from being out of pocket in the event of the stocks falling against his client and the client not paying the difference " (In re Cronmire, 1898, 2 Q. B. 383). It is a mode of speculation engaged in almost entirely by persons who wish to limit their risk to a small amount, and, as a rule , the transactions are largely carried out in England with " outside " brokers, i.e. those dealers in securities who are not members of the Stock Exchange. The deposit is so much per cent or per share, usually 1% on the market value of the securities up to about twice the amount of the turn of the market; the client being able to close the transaction at any time during the currency of the cover, but the broker only when the cover is exhausted or has " run off." Cover is not money deposited to abide the event of a wager, but as security against a debt which may arise from a gaming contract , and it may be recovered back, if unappropriated.
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