Active Debt - Law Dictionary Search Results
Active debt
Matched in: Term Active debt
Passive debt
Matched in: Term Passive debt
Financial Institution
the Companies Act, 1956; (ii) such other institution as the Central Government may, having regard to its business activity and the area of its operation in India by notification, specify. [Recovery of Debts Due to Banks and … regard to its business activity and the area of its operation in India by notification, specify. [Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (51 of 1993), s. 2 (h)] Financial institution means: (i)
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moratorium
paying of a debt) b : a waiting period set by an authority 2 : a suspension of activity
Debt
Matched in: Term Debt
Special trust
the trustee is not a mere passive depositary of the estate, but is called upon to exert himself actively in the execution of the settlor's intention; as where a conveyance is made to trustees upon trust to … the settlor's intention; as where a conveyance is made to trustees upon trust to sell for payment of debts. See USES.
Uses
use. In general, however, there was but little difference in the terms 'use' and trust. See OFFICIAL USE; ACTIVE USE; PASSIVE TRUST, and infra. Uses may be classified as:- I. Present or executed; distributable into:- (a) Those … (8) A use, being but the creature of equity, could not have been taken in execution for the debts of the cestui que use; for there was no process at Common Law but against legal estates. (9)
fund
fund : a fund set up and accumulated by regular deposits for paying off the principal on a debt or for other specified purposes (as self-insurance) strike fund : a fund accumulated by a union through special … union through special assessments or from general funds and used to pay striking workers or for other strike-related activities Taft-Hart·ley fund [taft-hÄ rt-lē-] [after the Taft-Hartley Act of 1947, which established it] : joint welfare fund in
collateral
3 a : of, relating to, or being collateral used as a security (as for payment of a debt) b : secured by collateral [a loan] col·lat·er·al·ly adj n 1 : a collateral relative 2 : property … collateral 1 a : accompanying as a secondary fact, activity, or agency but subordinate to a main consideration b : not directly relevant or material [a evidentiary matter]
Habeas corpus ad subjiciendum
any person is restrained of his liberty (otherwise than for some criminal or supposed criminal matter, or for debt, or by pro-cess in any civil suit), any judge of the King's Bench Division of the High Court … the known laws of the land''(as laid down in Magna Carta and other statutes), made the writ more actively remedial by imposing penalties for disobedience to the writ, and otherwise. This statute extends only to the case
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