Mulct vs Buyout - What's the difference?
mulct | buyout |
(legal) A fine or penalty, especially a pecuniary one.
* 1819 , Lord Byron, Don Juan , I:
* 1846 , Thomas Babington Macauley,
* 1846 , , History of the Reign of Ferdinand and Isabella the Catholic , 10th ed., Volume I, page xxxvi, note
(finance) The acquisition of a controlling interest in a business or corporation by outright purchase or by purchase of a majority of issued shares of stock.
As nouns the difference between mulct and buyout
is that mulct is (legal) a fine or penalty, especially a pecuniary one while buyout is (finance) the acquisition of a controlling interest in a business or corporation by outright purchase or by purchase of a majority of issued shares of stock.As a verb mulct
is to impose such a fine or penalty.mulct
English
Noun
(en noun)- juries cast up what a wife is worth, / By laying whate'er sum in mulct they please on / The lover, who must pay a handsome price, / Because it is a marketable vice.
The History of England from the Accession of James II, Volume 3, Porter & Coates, Chapter XI:
- The Act of Uniformity had laid a mulct of a hundred pounds on every person who, not having received episcopal ordination, should presume to administer the Eucharist.
- by the Salic law, no higher mulct was imposed for killing, than for kidnapping a slave.