conventional (redirected from conventionalists)

Derived from or contingent upon the mutual agreement of the parties, as opposed to that created by or dependent upon a statute or other act of the law.

A conventional home mortgage is one in which the interest rate is agreed upon by the parties to it: the borrower and the lender.

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conventional adjective acceptable, accepted, accustomed, approved, classical, common, conformable, conforming, conforming to accepted standards, established, established by general consent, familiar, fitting, fixed, general, habitual, in established usage, long-established, natural, normal, of long standdng, ordinary, orthodox, permanent, prevalent, regular, routine, standard, time-honored, tradition-bound, typical, usual, widely used, wonted
Associated concepts: conventional interest, conventional life estate, conventional mortgage, conventional obligation, conventional sequestration, conventional subrogation, connentional trust

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See also: accustomed, average, boiler plate, common, current, customary, familiar, formal, household, mundane, nondescript, normal, ordinary, orthodox, popular, prevailing, prevalent, proper, regular, right, routine, standard, standing, suitable, traditional, trite, typical, uniform, usual

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HEIR, CONVENTIONAL, civil law. A conventional heir is one who takes a succession by virtue of a contract; for example, a marriage contract, which entitles the heir to the succession.