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Peppercorns are the dried fruit of the piper nigrum or pepper vine, which is native to Southern India.Though occasionally fresh varieties are used in Asian cuisine, we normally use dried ones in the west.eppercorns were historically used to treat toothaches, among other conditions. Peppercorns are dried and used as a seasoning, commonly found in peppermills, among other types of peppercorns. Peppercorns are native to Southern India.
In legal parlance, a peppercorn is a metaphor for a very small payment, a nominal consideration, used to satisfy the requirements for the creation of a legal contract. It featured in Chappell & Co Ltd v Nestle Co Ltd ([1960] AC 87), which stated that peppercorn do not cease to be good consideration if it is established that the promisee does not like pepper and will throw away the corn.