LAUGHTER n.
d expulsion of air from the lungs. See Laugh, v. i. The act of laughter, which is a sweet contraction of the muscles of the face, and a pleasant agitation of the vocal organs, is not merely, or totally within the jurisdiction of ourselves. Sir T. Browne. Archly the maiden smiled, and with eyes overrunning with laughter…
LOSS n.
uction or diminution of value, if brought about in a manner provided for in the insurance contract (as destruction by fire or wreck, damage by water or smoke), or the death or injury of an insured person; also, the sum paid or payable therefor; as, the losses of the company this year amount to a million of dollars. To…
MARGIN n.
Collateral security deposited with a broker to secure him from loss on contracts entered into by him on behalf of his principial, as in the speculative buying and selling of stocks, wheat, etc. N. Biddle. Margin draft (Masonry), a smooth cut margin on the face of hammer-dressed ashlar, adjacent to the joints. -- Margi…