Guarantor - Law Dictionary Search Results
Fide-jussor
the same contract with a principal, for the greater security of the creditor or stipulator, Civ. Law. A guarantor; a person; who becomes bound to pay author's debt, Black's Law Dictionary, 7th Edn., p. 639.
Client account
Act, 1979, s. 14(2) (UK) Halsbury's Laws of England, Vol. 1(2), para 17, p. 15. Includes (i) a guarantor or a person who proposes to give guarantee or security for borrower of a credit institution; or (ii)
Abandonment guarantee
Abandonment guarantee, is a contract under which a person, the guarantor undertakes to make good any default by a participator in an oil field in meeting the whole or
Keep your definitions linked to case research
guaranty
in case of the other's default or inadequate performance compare letter of credit 2 : guarantee 3 : guarantor 4 : something given as security : pledge 5 : the protection of a right afforded by legal
vouch
vouch [Anglo-French voucher to call, summon, summon to court as guarantor of a title, ultimately from Latin vocare to call, summon] vt 1 : to summon into court 2
stricti juris
stricti juris [Latin] : according to or determined by strict interpretation of the law [the rights of a guarantor are stricti juris "Sitzer v. Lang, 243 S.E.2d 95 (1978)"] n : a rule of legal interpretation requiring
principal
the burden because of a duty to indemnify another as distinguished from one (as an endorser, surety, or guarantor) who is secondarily liable 2 : a capital sum earning interest, due as a debt, or used as
liability
products liability claim. secondary liability 1 : vicarious liability in this entry 2 : liability (as of a guarantor) that arises from a legal obligation owed to an injured party to pay damages for another's failure to
guarantee
guarantee [probably alteration of guaranty] 1 : guarantor 2 : guaranty 3 : an assurance that a condition will be fulfilled: as a : an agreement
D'Oench doctrine
Supreme Court case establishing the doctrine] : a doctrine in banking law: a party (as a borrower or guarantor) cannot assert an unrecorded agreement with a failed bank against attempts by the federal insurer (as the Federal
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