One of the mysteries of the English language finally explained.
The return made (by a sheriff or other officer) upon an execution for debt when the party has no goods to be seized.
Mid 17th century. From post-classical Latin nulla bona ‘no goods’, plural of nullum bonum ‘no good’ from classical Latin nūllum, neuter singular of nūllus no + bonum, use as noun of neuter singular of bonus.
nulla bona/ˌnʌlə ˈbəʊnə/
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