A debtor is not presumed to make a gift. Whatever disposition he makes of his property is supposed to be in satisfaction of his debts. 1 Kames, Eq. 212. Where […]
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DEBITORNM PACTIONIBUS CREDITORUM PETITIO NEE TOLLI NEC MINUI POTEST
1 Poth. Obi. 108; Broom, Max. 697. The rights of creditors can neither be taken away nor diminished by agreements among the debtors.
DEBITRIX
A female debtor.
DEBITUM
Something due, or owing; a debt.
DEBITUM ET CONTRACTUS SUNT NULLIUS LOCI
Debt and contract are of [belong to] no place; have no particular locality. The obligation in these cases is purely personal, and actions to enforce It may be brought anywhere. […]
DEBITUM IN FRSSENTI SOLVEN- DUM IN FUTURO
A debt or obligation complete when contracted, but of which the performance cannot be required till some future period.
DEBITUM SINE BREVI
L. Lat. Debt without writ; debt without a declaration . In old practice, this term denoted an action begun by original bill , instead of by writ. In modern usage, […]
DEBRIEFING
Giving a summary of a condition on the situation to the parties involved.
DEBRIS REMOVAL CLAUSE
A stipulation in industrial all risk insurance. It covers cost of debris removal, dismantleing a structure, or shoring a structure. It is limited to 5-10% of the policy amount.
DEBRIS REMOVAL INSURANCE
The insurance for commercial property or a separate policy that repays costs with debris removal from floods, fire, and peril. The standard insurance only covers damage not clean up.
DEBT
A debt is a sum of money due by contract. It is most frequently due by a certain and express agreement , which fixes the amount, independent of extrinsic circumstances […]
DEBT ASSIGNMENT
A transfar of debt accounts from creditor to third party that become owner to resolve debt. It shares repayment made to the assignee.
DEBT BY SIMPLE CONTRACT
A debt or demand founded upon a verbal or implied contract , or upon any written agreement that is not under seal
DEBT BY SPECIALTY
A debt due, or acknowledged to be due, by some deed or instrument under seal; as a deed of covenant or sale, a lease reserving rent, or a bond or […]
DEBT CAPACITY
1. assessing the debt of a party can repay in a reasonable time without losing its viabilty. 2. the amount of debt a firm can have based on a loan […]
DEBT CAPITAL
The firm’s total capital that is loan capital or short term loans for overdraft.
DEBT COMPLIANCE
The measures taken to make sure borrowers pay debt. It hires an agency to help with this.
DEBT CONSOLIDATION
Taking smaller loans and getting one big one to pay them off. It is longer to pay back but the payments are smaller than the previous needs of the smaller […]
DEBT COVERAGE RATIO
The way net operating income and annual debt service interact. It shows how suitable a company is for a loan.
DEBT DEFLATION
The theory of Irving Fisher that a depressin is caused by overconsumption, overspending, and underinvestment destablizes the debt and deflation. Debt increases lowering prices causing the value of debt causing […]
DEBT DISCHARGE
Releasing liabilty for unsecured debt due to bankruptcy order or creditor. The debt is unenforceable. Anything secured with collateral are enforced through liens.
DEBT EX MNTNO
A species of debt or obligation mentioned by Glanville and Bracton, and which arose ea mutuo, out of a certain kind of loan. Glan. lib. 10. c. 3; Bract, fol. […]
DEBT EXTINGUISHMENT
To pay off a debt an investment with a high yield is taken.
DEBT FACTORING
Selling invoices to a third party . They must process the invoices and get loans based on payments of the invoices.
DEBT FINANCING
The total financing of a firm that is short term borrowing, cash through debt, off balance sheet financing, and trade credit .