Debt - Law Dictionary Search Results
Administrator
absentid, when the next person entitled to the grant is beyond sea, lest the goods perish or the debts be lost: Administration pendente lite, where a suit is commenced in the Probate Court concerning the validity of
Administration
administration of the estate of a deceased person by an executor or administrator, i.e., the payment of his debts and the distribution of his assets among the persons entitled. See ss. 32 et seq., First Sched., Part
Acton-burnel
Acton-burnel, the statute enacting that a debtor's property might be sold to pay his debts, 11 Edw. 1, A.D. 1283, so termed from the place
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Accumulation
directed (s. 1). The s. (164), however, does not extend to any provision-- (1) For payment of the debts of the grantor, or other persons. See Re Heathcote, (1904) 1 Ch 826; or (2) For raising portions
Accountant to the Crown
the accountant has been abolished by statute, but a lien remains upon the accountant's goods. See tit. CROWN DEBTS
Account or Accompt
Account or Accompt [fr. compte, Fr., computo, Lat.], a registry of debts, credits, and charges, or a detailed statement of a series of receipts (credits) and disbursements (debits) of money-which
Abstract of title
legal evidence as would be deemed satisfactory and conclusive in an action to try the title. Judgments, Crown debts, charges, and incumbrances should be fairly stated. Also a tracing of any plan which is referred to in
Nonsolvency
Inability to pay debts insolvency
Neglect
undone etc to omit to disregard to slight as to neglect duty or business to neglect to pay debts
Insolvency
or condition of a person who is insolvent the condition of one who is unable to pay his debts as they fall due or in the usual course of trade and business as a merchants insolvency
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