Derivative

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DERIVATIVE. Coming from another; taken from something preceding, secondary; as derivative title, which is that acquired from another person. There is considerable difference between an original and a derivative title. When the acquisition is original, the right thus acquired to the thing becomes property, which must be unqualified and unlimited, and since no one but the occupant has any right to the thing, he must have the whole right of disposing of it. But with regard to derivative acquisition, it may be otherwise, for the person from whom the thing is acquired may not have an unlimited right to it, or he may convey or transfer it with certain reservations of right. Derivative title must always be by contract.
     2. Derivative conveyances are, those which presuppose some other precedent conveyance, and serve only to enlarge, confirm, alter, restrain, restore, or transfer the interest granted by such original conveyance, 3 Bl. Com. 321.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
Thus, in order to derive an opinion of "after" easement value using the income capitalization approach, subjective adjustments must be made for these factors.
In the same way, Ether, 1990, the plaster cast of an old iron bathtub, evokes a kind of sarcophagus, even though it derives from an object designed for the pursuit of everyday comforts.
It is not just traditional telecommunications carriers that derive SPOCI (which often will constitute communications income and fall under Prop.
"I'd like to be able to get at Derive's code, so I could understand how they're performing some integrating functions," says Bruce.
There should have been a clear separation between the decision to create embryos for fertility treatment and the decision to donate human embryos in excess of clinical need for research purposes to derive pluripotent stem cells.
I like, for example, his suggestion in Postmodern Fables of a sort of digital debility that would assume the role of the "stupidity" Flaubert diagnosed in the last century in relation to the Library, the Museum, and the Encylopedia as an element that arts and letters must combat and from which they derive. (One might see the "bad infinity" of the encylopedic "stupidity" of Bouvard and Pecuchet in the endless Al efforts to put life itself into the "modules" of a computer-brain.) For that perhaps is what the practice of aesthetics was for Lyotard in his many phases and derives - not a "theory," not a "method," not a "correctness," but rather a kind of intelligence, ever on the move.
Thus, the taxpayer could construct the building, derive both rental income and depreciation and other tax deductions for a period of time, and then sell the building and include the gross receipts derived from the sale of the building in calculating a production deduction under section 199 for the year of sale.
At Specialty Firms, highly experienced commercial real estate principals derive their compensation from finding perfect space for tenants.
No doubt Berkut's students in London and elsewhere derive some benefit from learning how to bow, how to work with a partner in stately or lively sequences, and how to master the many balletic steps, such as pas de bourrees or pas ballonnes.
The new Transfer Acrospin command generates AcroSpin data files and provides the option of suspending Derive and launching AcroSpin.