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Collateral - Law Dictionary Search Results

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Representation

misrepresentation is innocent. If made at the time of sale of personal chattels, 'it is a warranty' (or collateral contract), 'provided it appears to have been so intended', Pasley v. Freeman (1789) 3 TR 634, and in

pledge

property as security for a debt or other obligation ;broadly : the perfection of a security interest in collateral through possession of the collateral by a creditor or other promisee 2 a : property and esp. personal

Power

equitable force of powers has been preserved by the (English) Law of Property Act, 1925, s. 3. (1) Collateral, which are given to strangers, i.e., to persons who have neither a present nor future estate or interest

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proceeding

of rights, remedies, laws, or regulations: as a : an action, hearing, trial, or application before the court collateral proceeding : a proceeding that concerns an order, motion, petition, or writ deriving from or sought in relation

mortgage

mortgage of or against personal or movable property (as an airplane) compare pledge security interest 2 at interest collateral mortgage in the civil law of Louisiana : a mortgage against movable or immovable property that is given

perfect

taking statutorily prescribed steps to give notice esp. by filing a financing statement or taking possession of the collateral [was the first creditor to its security interest in the debtor's collateral, and, thus, was the first in

Consanguinity, or kindred

connection or rela-tion of persons descended from the same stock or common ancestor. It is either lineal or collateral. Lineal is that which subsists between persons, of whom one is descended in a direct line from the

Recital

action on the instrument itself, the recitals operate as an estoppel, though would not be so on a collateral matter, Ram Charan Das v. Girja Nandini Devi, AIR 1966 SC 323: (1965) 1 SCWR 837: (1966) 1

Lineal descendant

connection or relation of persons descended from the same stock or common ancestor it is either lineal or collateral. Lineal is that which subsists between persons, of whom one is descended in a direct line from the

Kin or Kindred

of kindred: the one in the lineal or direct line ascending or descending, and the other in the collateral or indirect line. The right of representation of kindred for the purposes of distribution of personalty, in the

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