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Simple English definitions for legal terms
pocket money
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A quick definition of pocket money:
Pocket money is a small amount of money that parents give to their children on a regular basis. It is usually given to children so that they can buy things they want, like toys or candy. Sometimes, it is also called "hat money" which is a small amount of money given to the master of a ship for taking care of the cargo.
A more thorough explanation:
Definition: Pocket money, also known as hat money in maritime law, refers to a small amount of money given to someone for their personal use.
Example: Children often receive pocket money from their parents to spend on small purchases or save for something they want.
Explanation: The example illustrates how pocket money is a small amount of money given to someone, in this case, children, for their personal use. It is usually a small amount of money that can be used for small purchases or saved for something they want. In maritime law, hat money refers to a small gratuity paid to the master of a ship for the care of the cargo.