Priority - Law Dictionary Search Results

Posteriority

Posteriority, coming after, the correlative of priority.

an appeals court by satisfying procedural requirements, (b) to put (one's security) in a position or status having priority over subsequently perfected security interests or unperfected security interests by taking statutorily prescribed steps to give notice exp.

Marshalling

the estate of deceased persons, marshalling consists of arranging the assets so as to give effect to the priority of debts, as to legal assets on the one hand, and to the order of assets on the

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Magna Carta

and their sureties appears to be clear and satisfactory. It is the prerogative of the Crown to claim priority for taxes and penalties before all other creditors, and to recover by a very prompt and efficacious process,

Jus offerendi

Jus offerendi, means the right of subrogation; the right to succeed to a senior creditor's lien and priority upon tendering the amount due to that creditor, Black's Law Dictionary, 7th Edn., p. 866.

Equitable mortgage

a formal deed or a written memorandum, notice being given to the trustees in order to preserve the priority. As a rule these mortgages include mortgages (not being mortgages of a legal estate) under a trust for

Further advance, or charge

the right to tack a further advance by a prior mortgage so that the advance may rank in priority to subsequent mortgages, even if the further advance was made with notice of a subsequent mortgage or charge

Deposit

borrowed sum of money constitutes an equitable mortgage which does not require registration to establish its validity or priority of effect, see LAND CHARGES; NOTICE; RESCISSION; STAKEHOLDER. Includes deposit of money with a bank company, proprietary concern,

Crown debts

Crown debts. It is a prerogative of the Crownto claim priority for its debts before all other creditors, and to recover them by a summary process called an extent.

Coparceners or parceners

her assigns, should present alone, before the younger. And the reason given is, that the former privilege of priority in choice upon a division arose from an act of her own, the agreement to make partition, and

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