Skip to content


Privileged Debts - Law Dictionary Search Results

Home Dictionary Name: privileged debts

Privileged debts

privileged debts debts which an executor may pay in preference to … privileged debts debts which an executor may pay in preference to all others


privilege

or office also the affirmative defense that an action is privileged compare excuse absolute privilege a privilege that exempts a person … the nature of a debt to have priority over the debtor s other creditors 2 any of various fundamental or specially


Privilege

privilege of sitting covered in courts of justice barristers are privileged from arrest eundo morando et redeundo going to coming from


Debt

to priority as to attachment of debts see that title debts are assignable at law if the assignment is absolute and


debt

collected note an income tax deduction is allowed for bad debts consumer debt debt that is incurred by an individual primarily


bad debt expense

the amount of your company s accounts that are bad debts a bad debt expense account is an expense account of


privileged communication

to the liability that would follow from it if not privileged called also absolutely privileged communication b a defamatory statement made


nondischargeable debt

debts for money or property obtained by false pretenses and debts for fraud or defalcation while acting in a fiduciary capacity


Antecedent debt

well as in time that is to say that the debt must be truly independent of and not part of the


allowance for bad debts

account is not collectable you tap the allowance for bad debts account to pay for the bad debt because you already


  • << Prev.

Sign-up to get more results

Unlock complete result pages and premium legal research features.

Start Free Trial

Save Judgments// Add Notes // Store Search Result sets // Organize Client Files //