Skip to content

Payment - Law Dictionary Search Results

Research workspace

Save terms and build your research trail

A free trial unlocks notes, tags, search history, and the full AI Studio desk for judgment research.

trust

beneficiaries charitable remainder annuity trust : a charitable remainder trust in which the named beneficiaries receive a fixed payment of not less than five percent of the fair market value of the original principal over the course

Guarantee

In law and common usage A promise to answer for the payment of some debt or the performance of some duty in case of the failure of another person who

Mortgage

A conveyance of property upon condition as security for the payment of a debt or the preformance of a duty and to become void upon payment or performance according

Keep your definitions linked to case research

overdue

Due and more than due delayed beyond the proper time of arrival payment return etc as an overdue vessel an overdue note a book overdue at the library an overdue payment

mortgage

title to property that is given to secure an obligation (as a debt) and that is defeated upon payment or performance according to stipulated terms [shows that a deed was intended only as a "W. M. McGovern,

apportion

divide (an amount due in tax or other liability) among the parties responsible for respective shares of the payment compare contribution b : to assign (a portion of the consideration agreed to in a contract) as payment

Allocable surplus

a banking company which has not made the arrangements prescribed under the Income-tax Act for the declaration and payment within India of the dividends payable out of its profits in accordance with the provisions of s. 194

loan acceleration

in a loan document is a statement in a mortgage that gives the lender the right to demand payment of the entire outstanding balance if a monthly payment is missed. Source: U.S. Department of Housing and Urban

debt-to-income ratio

ratio a comparison or ratio of gross income to housing and non-housing expenses; With the FHA, the-monthly mortgage payment should be no more than 29% of monthly gross income (before taxes) and the mortgage payment combined with

discharge

b : something that discharges or releases ;esp : a certification of or a document proving release or payment 2 : the state of being discharged or released [a party seeking a total ] 3 : release

  • Last »

Try the research workspace - 7 days free


AI Briefs · Semantic Search · Save & annotate judgments

Start your 7-day free trial