What is COUVERTURE? Definition of COUVERTURE in Black's Law Dictionary - Legal dictionary - Glossary of legal terms.
In French law. The deposit ("margin") made by the client in the hands of the broker, either of a sum of money or of securities, in order to guaranty the broker for the payment of the securities which he purchases for the client. Arg.Fr.Merc.Law, 555.
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That's the definition of COUVERTURE in Black's Law Dictionary - Legal dictionary - Glossary of legal terms. Courtesy of Cekhukum.com.