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Accord

arrangement between parties especially between people or nation; compact or treaty, Black's Law Dictionary, 7th Edn. Accord and Satisfaction [fr. accorder, Fr., to agree], an agreement between two persons, one of whom has a right of action

Reason to believe

Reason to believe, does not mean a purely subjective satisfaction. The belief must be held in good faith; it cannot be merely a pretence, S. Narayanappa v. CIT,

Reprisal

Reprisal, the taking one thing in satisfaction for another. Reprisals are used between nation and nation, in order to do themselves justice, when they cannot

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lien

Old French, from Latin ligamen, from ligare to bind] : a charge or encumbrance upon property for the satisfaction of a debt or other duty that is created by agreement of the parties or esp. by operation

Composition

of tithes, by reason of some land or other real recompense given to the parson in lieu and satisfaction thereof. Tithe Act, 1832, s. 2, and see TITHES. 3. Also an agreement made between an insolvent debtor

Ademption

the Administration of Estates Act, 1925. See Theobald on Wills. The term is also used to denote the satisfaction of a legacy to a child by the testator subsequently giving the child a portion on his or

Welsh mortgage

the loan; the rents and profits of the estate being received in the meantime by the mortgagee, in satisfaction of interest subject, however, to an account in Chancery. There is no covenant for the repayment of the

Mortgage

nor property is lost, for the creditor enters into possession of the estate, and receives its proceeds in satisfaction of his debt, with interest, upon which the debtor becomes entitled to his own again. A Welsh mortgage

Consideration

old law, that if A. owes B. 100l. and B. agrees to take and takes 90l. in full satisfaction for the debt, without any other or fresh consideration, B. can nevertheless sue A. for the remaining 10l.

Capias ad satisfaciendum

A writ of execution of the highest nature, inasmuch as it deprived a person of liberty, till the satisfaction awarded be made. The writ was addressed to the sheriff, commanding him to take the body of the

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