Insolvent+debtor
31preferential transfer — A transfer of property made by an insolvent debtor to one creditor to the exclusion of others. 29 Am J Rev ed Insolv § 82. An act of bankruptcy; a transfer of any of the property of a creditor for or on account of an antecedent debt, made or… …
32composition — compositional, adj. compositionally, adv. compositive /keuhm poz i tiv/, adj. compositively, adv. /kom peuh zish euhn/, n. 1. the act of combining parts or elements to form a whole. 2. the resulting state or product. 3. man …
33List of Acts of Parliament of the Great Britain Parliament, 1780-1800 — This is an incomplete list of Acts of the Parliament of Great Britain for the years 1780 1800. For acts passed prior to 1707 see List of Acts of Parliament of the English Parliament and List of Acts of Parliament of the Scottish Parliament.For… …
34bad debt — see debt Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. bad debt I …
35composition — com·po·si·tion n: an agreement between an insolvent debtor and several creditors whereby partial payment of the debts discharges in full the original obligations compare accord, compromise Merriam Webster’s Dictionary of Law. Merriam Webster.… …
36bankrupt — /bangk rupt, reuhpt/, n. 1. Law. a person who upon his or her own petition or that of his or her creditors is adjudged insolvent by a court and whose property is administered for and divided among his or her creditors under a bankruptcy law. 2.… …
37bankrupt — bank•rupt [[t]ˈbæŋk rʌpt, rəpt[/t]] n. 1) law a person who is adjudged insolvent by a court and whose property is divided among creditors under the bankruptcy laws 2) any insolvent debtor; a person unable to satisfy any just claims made upon him… …
38bankrupt — /ˈbæŋkrʌpt / (say bangkrupt) noun 1. Law a person who upon his or her own petition or that of his or her creditors is adjudged insolvent by a court, and whose property is therefore to be administered by a trustee for the benefit of the creditors… …
39bankrupt — adj., n., & v. adj. 1 a insolvent; declared in law unable to pay debts. b undergoing the legal process resulting from this. 2 (often foll. by of) exhausted or drained (of some quality etc.); deficient, lacking. n. 1 a an insolvent person whose… …
40insolvency law — noun or insolvent law or insolvency statute or insolvent statute : a state statute that affords to an insolvent debtor relief from and sometimes full discharge of debts upon his surrender for the benefit of his creditors of all his property not… …
