NosyBeagle
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LSDefine
Simple English definitions for legal terms
quot
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A quick definition of quot:
QUOT: A long time ago in Scotland, when someone passed away, a part of their belongings (called movables) would be given to the bishop of the area. This part was called a quot and it was one-twentieth of the estate's movables, calculated before any debts were paid.
A more thorough explanation:
Definition: In the past, in Scots law, quot was the 20th part of an estate's movable property. This was calculated before the debts of the deceased person were paid, and it was owed to the bishop of the diocese.
Example: If a person's estate was worth £1000, the quot owed to the bishop would be £50.
Explanation: This means that the bishop would receive £50 from the estate before any debts were paid. This was a way for the church to collect money from the estates of deceased persons.