Debt - Law Dictionary Search Results
Unclaimed property
(4) Bankers' Balances, (5) Deposits with Bankers for Safe Custody, and (6) Found Property. (1) Government Stock.-The National Debt Act, 1870 (33 & 34 Vict. c. 71), ss. 51 et seq., as extended by 20 & 21
Financial asset
Financial asset, means debt or receivables and includes-- (i) a claim to any debt or receivables or part thereof, whether secured or
Guarantee
of a specified amount. [Constitution of India, Art. 366(13)] Guarantee, is in collateral engagement to answer for the debt, default, or miscarriage of another person, a promise to another as debtor to secure the payment of a
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Receipt
pounds or upwards, is acknow-ledged or expressed to have been received or deposited or paid, or whereby any debt or demand, or any part of a debt or demand, of the amount of two pounds or upwards,
Extinguishment
effected. (4) Extinguishment of Manorial incidents: and enfranchisement of customary suits and services. See COPYHOLD. (5) Extinguishment of debt. A creditor, by accepting a higher security than he had before, extinguishes the first debt. And when judgment
Money
coins and paper currency used as circulating medium of exchange, and does not embrace notes, bonds, evidences of debt, or other personal or real estate, Lane v. Railey, 280 Ky 319, 133 SW 2d 74, 79, 81.
Money Bill
coins and paper currency used as circulating medium of exchange, and does not embrace notes, bonds, evidences of debt, or other personal or real estate, Lane v. Railey, 280 Ky 319, 133 SW 2d 74, 79, 81.
Preferential payments
sums due under the Workmen's Compensation Acts, the National Insurance Acts (Health and Unemployment and Contributory Pensions). These debts rank equally between them unless the assets are insufficient, in which case they are to abate in equal
preference
preference 1 : the right to prior payment of a debt [with over the creditors of the heirs or legatees "Louisiana Civil Code"] 2 : the transfer of an
Guaranty, or Guarantee
Guaranty, or Guarantee, a promise to a person to be answerable for the payment of a debt or the performance of a duty by another, in case he should fail to perform his engagement. An
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