Payment - Law Dictionary Search Results
unsecured
unsecured : not secured: as a : not guaranteed or protected as to payment, performance, or satisfaction by a security interest or by property given or pledged as security [ debt] [an
trustee in bankruptcy
is vested for the benefit of the creditors and who administers the property for the purpose of making payments to the creditors according to the priority of their claims: as a : the trustee in a chapter
trade acceptance
purchase drawn by the seller on the buyer, bearing the buyer's acceptance, and often noting the place of payment (as a bank)
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tenant
right : one who holds a tenancy in property ;specif : one who possesses property in exchange for payment of rent see also lessee compare tenancy
tenancy
a periodic tenancy for the same or a different term than that of the original tenancy [liable for payment of rent in a holdover tenancy] called also tenancy at sufferance joint tenancy : a tenancy in which
temporary total disability (ttd)
work at partial hours or at a wage loss while his disability resolves he may be entitled to payment of TPD benefits after receiving TTD benefits.
Act of Bankruptcy
the debtor gives notice to any of his creditors that he has suspended or is about to suspend payment of his debts. A bankruptcy commences at the actual time of day on which an act of bankruptcy
Expend
out apply or employ in any way to consume by use to use up or distribute either in payment or in donations to spend as they expend money for food or in charity to expend time labor
Bonded
Placed under or covered by a bond as for the payment of duties or for conformity to certain regulations
Funding
Providing a fund for the payment of the interest or principal of a debt
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