Debt - Law Dictionary Search Results
Fiscal deficit
Fiscal deficit, means the excess of total disbursement from the consolidated fund of the State (excluding repayment of debt) over the sum of revenue receipts, recovery of loans and non-debt capital receipts into the fund during a
Magna Carta
the assent of the lord, if she hold of another.' See DOWER. The 8th chapter relates to Crown debts:-'We or our bailiffs shall not seize any land or rent for any debt, as long as the present
Mortgage
sum of money, with interest thereon, at a certain time. This conditional assurance is resorted to when a debt has been incurred, or a loan of money or credit effected, in order to secure either the repayment
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Chose
the possession or actual enjoyment, but has a right to demand by action or other proceedings, as a debt, bond, etc. A well-known rule of the Common Law was that no possibility, right, title, or thing in
Execution
Hulbert v. Cathcart, 1896 AC 470; and it is to be borne in mind that by the (English) Debtors Act, 1869 (32 & 33 Vict. c. 62), imprisonment for debt has been abolished, except as specified in
mortgage
1 a : a conveyance of title to property that is given to secure an obligation (as a debt) and that is defeated upon payment or performance according to stipulated terms [shows that a deed was intended
set-off
set-off 1 : the reduction or discharge of a debt by setting against it a claim in favor of the debtor ;specif : the reduction or discharge of
set-off
set-off 1 : the reduction or discharge of a debt by setting against it a claim in favor of the debtor ;specif : the reduction or discharge of
Satisfaction
or moral obligation, Black's Law Dictionary, 7th Edn., p. 1343. The doctrine of satisfaction of legacies, portions, and debts means the gift of a thing with the intention, either expressed or implied, that it is to be
Executor
publish an advertisement in The London Gazette, a London daily newspaper and, if necessary, a local newspaper, for debtors to pay their debts, and for claimants to send in the particulars of their claims to a named
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