Contingent Claim - Law Dictionary Search Results
contingent claim
Matched in: Term contingent claim
Winding-up
secured and unsecured creditors, the admissibility of debts and claims, and the valuation of annuities and future or contingent liabilities are to be regulated according to the law of bankruptcy (s. 262). S. 264 provides for preferential … process by which an insolvent estate is distributed, as far as it will go, amongst the persons having claims upon it. The term is most frequently applied to the winding-up of joint-stock companies. The property of a
Contingent liability
Matched in: Term Contingent liability
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contingent
Matched in: Term contingent
Actionable claim
Matched in: Term Actionable claim
interest
beneficial interest : the right to the use and benefit of property [a beneficial interest in the trust] contingent interest : a future interest whose vesting is dependent upon the occurrence or nonoccurrence of a future event … between, make a difference, concern, from inter- between, among + esse to be] 1 : a right, title, claim, or share in property Article Nine security interest : security interest in this entry beneficial interest : the
Absolute liability
provide a free 'insurance cover' to the person and property of a passenger so that compensation can be claimed for the accidental death of or injury to the passenger and/or loss or damage to his property even
Tail
bound to complete, either at law or inequity, any contract made by his ancestor as tenant-in-tail, since he claims from the original grantor, and not from his immediate ancestor. If, however, he do any act towards completing … general enabling clause (s. 15) enacts, that 'after December 31st, 1833, every actual tenant-in-tail, whether in possession, remainder, contingency, or otherwise, shall have full power to dispose of (by deed enrolled, etc., see ss. 40 et seq.,
Heir
who may be defeated of his inheritance by his father's displeasure. (h) Heir special. The issue in tail claiming per forman doni. (q) Ultimus h'res. He to whom lands come by escheat for want of proper heirs. … ancestor should die immediately, would be his heir, but whose right of inheritance may be defeated by the contingency of some nearer heir being born; as a brother or nephew, whose presumptive succession may be destroyed by
Damages
of a core concept is seen in such words as actual damages, civil damages, compensatory damages, consequential damages, contingent damages, continuing damages, double damages, excessive damages, exemplary damages, general damages, irreparable damages, pecuniary damages, prospective damages, special … Damages, constitute the sum of money claimed or adjudged to be paid in compensation for loss or injury sustained, the value estimated in money, of
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