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debt

debere to owe] 1 : something owed: as a : a specific sum of money or a performance due another esp. by agreement (as a loan agreement) [to pay the s…of the United States "U.S. Constitution art.

Preferential payments

the end of the year of hiring to have the whole or proportionate part of that sum). Also sums due under the Workmen's Compensation Acts, the National Insurance Acts (Health and Unemployment and Contributory Pensions). These debts rank

Debenture

writing acknowledging a debt a writing or certificate signed by a public officer as evidence of a debt due to some person the sum thus due

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balloon payment

balloon payment the final lump sum payment due at the end of a balloon mortgage. Source: U.S. Department of Housing and Urban Development

principal

one (as an endorser, surety, or guarantor) who is secondarily liable 2 : a capital sum earning interest, due as a debt, or used as a fund [shall receive the income from the trust until age 18,

Recoup

To keep back rightfully a part as if by cutting off so as to diminish a sum due to take off a part from damages to deduct as where a landlord recouped the rent of premises

Loan societies

its treasurer) may proceed against the person liable, in any county Court having jurisdiction, and where the sum due happens to exceed the amount for which the Court has jurisdiction, may recover such part of the debt

Suit

the plaintiff claims on the footing that an account has to be taken to ascertain in the sum due to him, Satyanarayana v. Rajah of Vazianagaram, AIR 1932 Mad 565. Suit, envisaged cannot be stretched to criminal

Corody, or corrody

Monk. Lat.; correlare, Ital., to fit out], a sum of money or allowance of meat, drink, and clothing due to the Crown from the abbey or other religious house, whereof it was founder, towards the sustentation of

Confusion, property by

money may not be distinguishable; but should the agent become bankrupt, the whole sum which appears to be due to him from the bankers will go to his assignees, and his employer can only come in as

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