Legal Dictionary of Pakistan

dry exchange

Something that pretends to pass on both sides of a transaction, but passes on only on side Dry exchange seems to be a subtil term invents disguise usury, in which something is pretended to on both sides, whereas in truth nothing passes o: one side." Termes de la Ley 185 (1st Am. ed. 1812) DRY EXCHANGE . . . . A euphemism applied to coverture' or colouring' of the stringent statutes p~ during the tudor period against usury . . . . Usury, "was condemned by religion and law alike during middle ages, was from the middle of the 16th centui. longer to be confounded with the legitimate employs of capita