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SOVEREIGN. A chief ruler with supreme power; one possessing sovereignty. (q.v.) It is also applied to a king or other magistrate with limited powers.
     2. In the United States the sovereignty resides in the body of the people. Vide Rutherf. Inst. 282.

SOVEREIGN, Eng. law. The name of a gold coin of Great Britain of the value of one pound sterling.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
Scott, Hal S., 2005 "Sovereign Debt Default: Cry for the United States, Not Argentina," September 2006, Washington Legal Foundation, working paper.
China's attractiveness rating for sovereign investors has improved more than any other major region since 2017.
Dubai: Sovereign investors from the Middle East are increasingly focusing on investment opportunities in emerging markets, particularly China, according to the Global Sovereign Asset Management Study by Invesco, an independent global investment management firm.
Leading businessmen also termed the decision a good one, saying revising agreements after extending sovereign guarantee would definitely had been a bad option.
This mindset of sovereign ceiling policy is not absolute.
The example of the Japan International Cooperation Agency (Jica) and its specific provision on the waiving of sovereign immunity in its loan documents requires that the borrower 'irrevocably waive (i) any and all of its privileges and sovereign immunities from and against any lawsuit and enforcement of arbitral award and (ii) any and all privileges and sovereign immunities....'
Our sovereign parliament voted to enact the result of the referendum and our sovereign parliament is vacillating and having second thoughts, which it is perfectly entitled to do because it is sovereign.
The direction of the dollar is critical for EMs and is inversely correlated with EM sovereign ratings.
We may recall that within Africa, it was the Libyan Investment Authority (LIA) that reached the greatest heights, with its model for sovereign funds based on its oil reserves.
According to Thomas Humblot, research analyst at BNP Paribas (BNPP.PA), main eurozone banking systems have reduced their exposure to sovereign debt.
Global Banking News-September 27, 2018--BNP researcher says eurozone banking systems have reduced exposure to sovereign debt
M2 EQUITYBITES-September 27, 2018--BNP researcher says eurozone banking systems have reduced exposure to sovereign debt