Indebtedness - Law Dictionary Search Results
Home Dictionary Name: indebtednessIndebtedness
Indebtedness, means (1) The condition or state of owing money (2) something owed; a debt, Black's Law Dictionary, 7th Edn., p. 771...
Liquidate
To determine by agreement or by litigation the precise amount of indebtedness or where there is an indebtedness to more than one person to determine the precise amount of each indebtedness to make the amount of an indebtedness clear and certain...
security
security pl: -ties 1 a : something (as a mortgage or collateral) that is provided to make certain the fulfillment of an obligation [used his property as for a loan] b : surety see also security for costs 2 : evidence of indebtedness, ownership, or the right to ownership ;specif : evidence of investment in a common enterprise (as a corporation or partnership) made with the expectation of deriving a profit solely from the efforts of others who acquire control over the funds invested [a involves some form of investment contract] see also due diligence asset-backed security : a security (as a bond) that represents ownership in or is secured by a pool of assets (as loans or receivables) that have been securitized bearer security : a security (as a bearer bond) that is not registered and is payable to anyone in possession of it cer·tif·i·cat·ed security [sər-ti-fə-kā-təd-] : a security that belongs to or is divisible into a class or series o...
VerbarRente
In France interest payable by government on indebtedness the bonds shares stocks etc which represent government indebtedness...
acknowledge
acknowledge -edged -edg·ing 1 : to indicate recognition and acceptance of [the power of taxation in the general and state governments is acknowledged to be concurrent "McCulloch v. Maryland, 17 U.S. 316 (1819)"] 2 a : to show by word or act that one has knowledge of and accepts responsibility for (a duty, obligation, or indebtedness) b : to admit paternity of [will the child as his] compare filiate 3 : to make known to a sender or giver the receipt of (what has been sent or given) or the fact of (one's having received what has been sent or given) [ receipt of a letter] 4 : to recognize as genuine so as to give validity : avow or admit in legal form [the execution of any such power of attorney shall be acknowledged before one of the officers "U.S. Code"] ...
cash surrender value
cash surrender value : the amount of money an insurer will pay the insured upon surrender of a life insurance policy usually calculated as the reserve held by the insurer against the policy less a charge for surrender and any outstanding indebtedness ...
certificate
certificate 1 a : a document containing a certified statement esp. as to the truth of something [a birth ] b : a document certifying that a person has fulfilled the requirements of and may practice in a specified field [a teaching ] 2 : certification [the signature…constitutes a that the attorney or party has read the document "U.S. Code"] 3 : a document that is proof of ownership or indebtedness [stock s] [gold s] [sər-ti-fi-kāt] vt -cat·ed -cat·ing : to testify or authorize by a certificate ;esp : to recognize as having met special qualifications (as of a governmental agency or professional board) within a field see also certificated security at security cer·tif·i·ca·to·ry [-kə-tȯr-ē] adj ...
co-maker
co-maker : one of two or more persons who sign an instrument to indicate a promise to pay a financial obligation NOTE: Any co-maker may be sued for the entire amount of the indebtedness, although a co-maker who is forced to pay more than his or her share may seek contribution from the other co-makers. ...
duty
duty pl: du·ties [Anglo-French deuté indebtedness, obligation, from deu owing, due, from Old French see due ] 1 : tasks, service, or functions that arise from one's position [performing a police officer's duties] ;also : a period of being on duty see also jury duty 2 : an obligation assumed (as by contract) or imposed by law to conduct oneself in conformance with a certain standard or to act in a particular way [ of good faith] [a to warn of danger] see also public duty doctrine, special duty doctrine duty of can·dor [-kan-dər] : a duty obligating directors of a corporation to disclose all material facts known to them about a transaction when they are seeking shareholder approval duty of care : a duty to use due care toward others in order to protect them from unnecessary risk of harm duty of fair representation : a duty obligating a labor union to represent the employees in its collective bargaining unit fairly and in good faith duty of loy·al·t...
equity
equity pl: -ties [Latin aequitat- aequitas fairness, justice, from aequus equal, fair] 1 a : justice according to fairness esp. as distinguished from mechanical application of rules [prompted by considerations of ] [comity between nations, and require it to be paid for "F. A. Magruder"] b : something that is equitable : an instance of equity [the inequities produced by the system are outnumbered by the equities] 2 a : a system of law originating in the English chancery and comprising a settled and formal body of substantive and procedural rules and doctrines that supplement, aid, or override common and statutory law [the judicial power shall extend to all cases, in law and , arising under this Constitution "U.S. Constitution art. III"] see also chancery compare common law, law NOTE: The courts of equity arose in England from a need to provide relief for claims that did not conform to the writ system existing in the courts of law. Originally, the courts of equity exercised great ...
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