Secured Party - Law Dictionary Search Results

ad alium transferre potest, quam ipse habet. There must also be an actual or constructive possession by the party asserting it, with the express or implied asset of the party against whom it is asserted. It must

interest

is deductible from adjusted gross income under federal tax law when it is paid on debt that is secured by one's residence and that was incurred for the acquisition, construction, improvement, or refinancing of the residence or … of contingent remainders set forth in the rule in Shelley's case. expectation interest : the interest of a party to a breached contract in receiving the benefit of the bargain by being put in a position as

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Bail

released on his own bond such constructive control could still be exercised through the conditions of the bond secured from him. The literal meaning of the word 'bail' is surety, Sunil Fulchand Shah v. Union of India, … for his appearance on a day and at a place certain, which security is called bail, because the party arrested or imprisoned is delivered into the hands of those who bind themselves or become bail for his

party

liability on an instrument that is issued for value and given for the benefit of an accommodated party secured party : a party holding a security interest in another's property third party : a person other than the

Dowry

in marriage. This word should not be confounded with dower, Co. Litt. 31. Means any property or valuable security given or agreed to be given either directly or indirectly-- by one party to a marriage to the

mortgage

to stipulated terms [creditors with valid s against the debtor's property "J. H. Williamson"] c : a loan secured by a mortgage [applied for a ] adjustable rate mortgage : a mortgage having an interest rate which … of a mortgage but is given the effect of a mortgage by a court of equity because the parties intended it to be a mortgage first mortgage : a mortgage that has priority over all other security

financing statement

of the Uniform Commercial Code, a financing statement must 1) give the names of the debtor and the secured party, 2) be signed by the debtor, 3) give the address of the secured party, 4) give the address … the debtor and the secured party, 2) be signed by the debtor, 3) give the address of the secured party, 4) give the address of the debtor, and 5) indicate the items of collateral.

lien

duty that is created by agreement of the parties or esp. by operation of law ;specif : a security interest created esp. by a mortgage assessment lien : a lien that is on property benefiting from an … upon property for the satisfaction of a debt or other duty that is created by agreement of the parties or esp. by operation of law ;specif : a security interest created esp. by a mortgage assessment lien

Decree

Acquisition Officer, (1994) 4 SCC 99: AIR 1994 SC 1901. A decree in invitum is not an instrument securing money or other property; such a decree is a record of the formal adjudication of the Court relating … decree is a record of the formal adjudication of the Court relating to a right claimed by a party to a suit. It does not by its own force secure money or property, State of Uttar Pradesh

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