Definitions from Black's Law Dictionary: 2nd Edition and Ballentine's Law Dictionary as are available for each term in each dictionary.
  • Ballentine's Law Dictionary

    An obligation assumed gratis.

  • Black's Law Dictionary: 2nd Edition

    An arrangement or engagement made as a favor to another, not upon a consideration received; Homething done to oblige, usually spoken of a loan of money or commercial paper; also a friendly agreement or composition of differences. Abbott.