Debts And Liabilities - Law Dictionary Search Results
charge
or record as a financial burden or liability [ the debts to the estate] [charging the loss against earnings] 4 a … in the indictment] 3 a : to impose a financial liability on [ the estate] b : to impose or record
acquit
completely: as a : to release from liability for a debt or other obligation usually used in agreements [forever release, , … : to discharge completely: as a : to release from liability for a debt or other obligation usually used in agreements
partner
entry general partner : a partner whose liability for partnership debts and obligations is unlimited compare limited partner in this entry lim·it·ed … partner in this entry general partner : a partner whose liability for partnership debts and obligations is unlimited compare limited partner
liabilities
liabilities a person's financial obligations such as long-term / short-term debt, and other financial obligations to be paid. Source: U.S. Department
release
liability, or responsibility [the debtor is released from all dischargeable debts] b : to give up (a claim, title, or right) … re·leas·ing 1 a : to relieve or free from obligation, liability, or responsibility [the debtor is released from all dischargeable debts]
Account stated
prima facie liability, which may be rebutted by disputing the debts charged in the account, as, for instance, by proving mistake … brought. An account stated, however, creates only a prima facie liability, which may be rebutted by disputing the debts charged in
Escape
or criminal cases. (1) Civil. The abolition of imprisonment for debt has rendered this all but obsolete, and the sheriff is … but obsolete, and the sheriff is expressly discharged from any liability by s. 31 of the Prison Act, 1877, repealed and
Hypothecate
To subject as property to liability for a debt or engagement without delivery of possession or transfer of title … To subject as property to liability for a debt or engagement without delivery of possession or
Bankrupt
the discharge of the debtor from future liability for the debts then existing. The law of bankruptcy, which dates from 34 … complainant; and (3) the discharge of the debtor from future liability for the debts then existing. The law of bankruptcy, which
Banking policy
the discharge of the debtor from future liability for the debts then existing. The law of bankruptcy, which dates from 34 … complainant; and (3) the discharge of the debtor from future liability for the debts then existing. The law of bankruptcy, which
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