Latin phrase meaning "between or amongst themselves". In a business law context, the phrase is commonly used in trust instruments to signal that only the rights of shareholders or trustees are involved.
Definition from Nolo’s Plain-English Law Dictionary
(in-tur say) Latin for "among themselves," referring to rights and duties owed among certain parties rather than to others. For instance, shareholders have certain rights and duties to each other.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:18 pm