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Simple English definitions for legal terms
farvand
Read a random definition: Securities Exchange Act of 1934
A quick definition of farvand:
Term: FARVAND
Definition: Farvand refers to a journey or trip taken by water under a charterparty. This term is commonly used in maritime law.
Simply put, farvand means traveling by boat or ship for a specific purpose, such as transporting goods or people.
A more thorough explanation:
FARVAND
Farvand is a term used in maritime law to refer to a voyage or passage by water under a charterparty.
One example of farvand could be a shipping company chartering a vessel to transport goods from one port to another. The terms of the charterparty would outline the details of the voyage, including the route, duration, and payment.
Another example could be a group of tourists hiring a boat for a sightseeing tour along a river or coastline. The charterparty would specify the terms of the trip, such as the duration, stops, and any additional services provided.
Farvand is a legal term that refers to a specific type of water transportation agreement. It is commonly used in the context of commercial shipping, where a charterparty is used to hire a vessel for a specific voyage or period of time. The examples illustrate how farvand can be applied in different situations, from transporting goods to providing leisure activities. In both cases, the charterparty serves as a contract between the parties involved, outlining the terms and conditions of the voyage or passage.