Obligation - Law Dictionary Search Results
release
release re·leased re·leas·ing 1 a : to relieve or free from obligation, liability, or responsibility [the debtor is released from all dischargeable debts] b : to give up (a claim,
recognizance
recognisance reconisance, literally, recognition, from Old French reconoisance, from reconoistre to recognize, from Latin recognoscere] 1 : an obligation entered into on the record before a court or magistrate requiring the performance of an act (as the
pledge
pledge 1 : a delivery of esp. personal property as security for a debt or other obligation ;broadly : the perfection of a security interest in collateral through possession of the collateral by a creditor
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perform
perform 1 : to adhere to and fulfill the terms of [ an obligation] 2 : to carry out or bring about [ the work according to design] 3 : to do
paper
the court "Federal Rules of Civil Procedure Rule 5(d)"] 2 : a document providing evidence of a financial obligation ;esp : commercial paper in this entry accommodation paper : commercial paper used by one party to accommodate
novation
novation, from Latin novare to make new, from novus new] : the substitution by mutual agreement of one obligation for another with or without a change of parties and with the intent to extinguish the old obligation
Separate estate
or entitled to. Provided that nothing in this s. contained shall render available to satisfy any liability or obligation arising out of such contract any separate property which at that time or thereafter she is restrained from
interest
1 : an interest in property that exists by contract as security for payment or performance of an obligation [the security interest of a mortgagee in the mortgaged property] ;also : lien NOTE: While a lien may
exempt
exempt : free or released from some obligation or duty to which others are subject : not subject or liable [certain properties are declared to be
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
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