* Market, Market Overt *
MARKET - A public place appointed by public authority, where all sorts of things necessary for the subsistence, or for the conveniences of life, are sold.
Markets are generally regulated by local laws.
By the term market is also understood the demand there is for any particular article; as, the cotton market in Europe is dull.
MARKET OVERT - Engl. law. Market overt is an open or public market; that is, a place appointed by law or custom for the sale of goods and chattels at stated times in public.
In London, every day except Sunday, is market day. In the country, particular days are fixed for market days.
It is a general rule that sales of vendible articles made in market overt, are good not only between the parties, but are also binding on all those who have any property or right therein.
There is no law recognizing the effect of a sale in market overt in the United States.
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