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Contractual lien

Contractual lien, this is a contractual right to retain possession pending payment of sums due to the possessor. The contractual lien, which is often equated with a pledge, is to be distinguished from

Confession

acknowledgment of guilt--its evidentiary value and its acceptability however shall have to be assessed by the Court having due regard to the credibility of the witnesses. In the event, however, the Court is otherwise in a position

Call

of persons elected. See INNS OF COURT. 2. The demand for payment of an instalment other than payments due at fixed dates by the terms of the prospectus or agreement to take shares, Croskey v. Bank of

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Arrears, or Arrearages

Arrears, or Arrearages, money unpaid at the due time: as rent behind; the remainder due after payment of a part of an account; money in the

Bill of Exchange

and each of them is liable to be sued upon the bill, if it be not paid in due time. the person who makes or draws the bill is called the drawer, he to whom it is

Action

Action, conduct, something done; also the form prescribed by Law for the recovery of one's due, or the lawful demand of one's right. Bracton (Bk. 3, cap. 1) defines it:-Actio nihil aliud est quam

proenzyme

normal course of cellular metabolism into one or more active enzymes also called zymogen The conversion usually is due to a specific cleavage of a peptide bond by another enzyme or may be due to acid

Account stated

Account stated, An account stated is the admission of a balance due from one party to another, and that balance being due there is a debt; the statement of the

Anticipation

selling, mortgaging or dealing with the property in anticipation, but it does not apply to income actually accrued due, Hood Barrs v. Heriot, 1896 AC 174, and on the determination of the coverture the restraint is at

Application

of 1963), s. 2 (b)] Means an application made to a Tribunal under s. 19. [Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (51 of 1993), s. 2 (b)] Means an application made under

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