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| This dictionary contains: 8526 juridical terms |
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Debit
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DebitAccounts, commerce. A term used in book-keeping, to express the left-hand page of the ledger, to which are carried all the articles supplied or paid on the subject of an account, or that are charged to that account. It also signifies the balance of an account.
RELATED TERMS--------------------------------------
Commerce
Latin commercium. In its simplest signification, an exchange of goods; but in the advancement of society, labor, transportation, itelligence, care and various mediums of exchange, become commodities and enter into commerce. Gibbens v. Ogden, 9 Wheat. 1, 229 (1824), Marshall, Chief Justice. The interchange or mutual change of goods, productions, or property of any kind, between nations or individuals.
Term
1) Construction. Word; expression speech. 2) Contracts. This word is used in the civil, law to denote the space of time granted to the debtor for discharging his obligation; there are express terms resulting from the positive stipulations of the agreement; as, where one undertakes to pay a certain sum on a certain day and also terms which tacitly result from the nature of the things which are the object of the engagement, or from the place where the act is agreed to be done. For instance, if a builder engage to construct a house for me, I must allow a reasonable time for fulfilling his engagement. 3) Estates. The limitation of an estate, as a term for years, for life, and the like. The word term does not merely signify the time specified in the lease, but the estate also and interest that passes by that lease; and therefore the term may expire during the continuance of the time, as by surrender, forfeiture and the like. 4) Practice. The space of time during which a court holds a session; sometimes the term is a monthly, at others it is a quarterly period, according to the constitution of the court.
Express
That which is made known, and not left to implication. The opposite of implied. It is a rule, that when a matter or thing is expressed, it ceases to be implied by law: expressum facit cessare tacitum.
Ledger
Commerce, accounts, evidence. A book in which are inscribed the names of all persons dealing with the person who keeps it, and in which there is a separate account, composed generally of one or more pages for each.
Articles
1) A division in some books. In agreements and other writings, for the sake of perspicuity, the subjects are divided into parts, paragraphs, or articles. 2) Ecclesiastical law. A complaint in the form of a libel, ex hibited to an ecclesiastical court.
Subject
1) Contracts. The thing which is the object of an agreement. This term is used in the laws of Scotland. 2) Persons, government. An individual member of a nation, who is subject to the laws; this term is used in contradistiction to citizen, which is applied to the same individual when considering his political rights.
Account
Practice. 1) A statement of the receipts and payments of an executor, administrator, or other trustee, of the estate confided to him. 2) An account is also the statement of two merchants or others who have dealt together, showing the debits and credits between them.
Balance
Com. law. The amount which remains due by one of two persons, who have been dealing together, to the other, after the settlement of their accounts.
SIMILAR TERMS--------------------------------------
Debitum
A thing due or owing; an obligation; a debt, q.v.
Debitum in praesenti, solvendum in futuro
A debt due at present, to be paid in future.
Debitum in pręsenti, solvendum in futuro
An obligation existing in the present, dischargeable in the future.
Debitum sine brevi
Debt without a writ or declaration. Abbreviated d.s.b.
PREVIOUS AND NEXT TERMS--------------------------------------
Death bed
Scotch law. The incapacity to exercise the power of disposing of one's property after being attacked with a mortal disease.
Death's part
English law. That portion of the personal estate of a deceased man which remained after his wife and children had received their reasonable parts from his estate
Debenture
A certificate given, in pursuance of law, by the collector of a port of entry, for a certain sum, due by the United States, payable at a time therein mentioned, to an importer for drawhack of duties on merchandise imported and exported by him, provided the duties arising on the importation of the said merchandise shall have been discharged prior to the time aforesaid.
Debet
Latin. He owes; from debere: de habere, to have a thing of some one. Debet et detinet - He owes and with holds.
Debet et detinet
Pleading. He owes and detains. In an action of.debt, the form of the writ is either in the debet and detinet, that is, it states that the defendant owes and unjustly detains the debt or thing in question, it is so brought between the original contracting parties; or, it is in the detinet only; that is, that the defendant unjustly detains from the plaintiff the debt or thing for which the action is brought; this is the form in in action by an executor, because the debt or duty is not due to him, but it is unjustly detained from him.
Debit
Debitum
A thing due or owing; an obligation; a debt, q.v.
Debitum in praesenti, solvendum in futuro
A debt due at present, to be paid in future.
Debitum in pręsenti, solvendum in futuro
An obligation existing in the present, dischargeable in the future.
Debitum sine brevi
Debt without a writ or declaration. Abbreviated d.s.b.
Debt
Whatever one owes. A sum of money due by certain and express agreement.
RELATED TERMS--------------------------------------
Commerce
Latin commercium. In its simplest signification, an exchange of goods; but in the advancement of society, labor, transportation, itelligence, care and various mediums of exchange, become commodities and enter into commerce. Gibbens v. Ogden, 9 Wheat. 1, 229 (1824), Marshall, Chief Justice. The interchange or mutual change of goods, productions, or property of any kind, between nations or individuals.
Term
1) Construction. Word; expression speech. 2) Contracts. This word is used in the civil, law to denote the space of time granted to the debtor for discharging his obligation; there are express terms resulting from the positive stipulations of the agreement; as, where one undertakes to pay a certain sum on a certain day and also terms which tacitly result from the nature of the things which are the object of the engagement, or from the place where the act is agreed to be done. For instance, if a builder engage to construct a house for me, I must allow a reasonable time for fulfilling his engagement. 3) Estates. The limitation of an estate, as a term for years, for life, and the like. The word term does not merely signify the time specified in the lease, but the estate also and interest that passes by that lease; and therefore the term may expire during the continuance of the time, as by surrender, forfeiture and the like. 4) Practice. The space of time during which a court holds a session; sometimes the term is a monthly, at others it is a quarterly period, according to the constitution of the court.
Express
That which is made known, and not left to implication. The opposite of implied. It is a rule, that when a matter or thing is expressed, it ceases to be implied by law: expressum facit cessare tacitum.
Ledger
Commerce, accounts, evidence. A book in which are inscribed the names of all persons dealing with the person who keeps it, and in which there is a separate account, composed generally of one or more pages for each.
Articles
1) A division in some books. In agreements and other writings, for the sake of perspicuity, the subjects are divided into parts, paragraphs, or articles. 2) Ecclesiastical law. A complaint in the form of a libel, ex hibited to an ecclesiastical court.
Subject
1) Contracts. The thing which is the object of an agreement. This term is used in the laws of Scotland. 2) Persons, government. An individual member of a nation, who is subject to the laws; this term is used in contradistiction to citizen, which is applied to the same individual when considering his political rights.
Account
Practice. 1) A statement of the receipts and payments of an executor, administrator, or other trustee, of the estate confided to him. 2) An account is also the statement of two merchants or others who have dealt together, showing the debits and credits between them.
Balance
Com. law. The amount which remains due by one of two persons, who have been dealing together, to the other, after the settlement of their accounts.
SIMILAR TERMS--------------------------------------
Debitum
A thing due or owing; an obligation; a debt, q.v.
Debitum in praesenti, solvendum in futuro
A debt due at present, to be paid in future.
Debitum in pręsenti, solvendum in futuro
An obligation existing in the present, dischargeable in the future.
Debitum sine brevi
Debt without a writ or declaration. Abbreviated d.s.b.
PREVIOUS AND NEXT TERMS--------------------------------------
Death bed
Scotch law. The incapacity to exercise the power of disposing of one's property after being attacked with a mortal disease.
Death's part
English law. That portion of the personal estate of a deceased man which remained after his wife and children had received their reasonable parts from his estate
Debenture
A certificate given, in pursuance of law, by the collector of a port of entry, for a certain sum, due by the United States, payable at a time therein mentioned, to an importer for drawhack of duties on merchandise imported and exported by him, provided the duties arising on the importation of the said merchandise shall have been discharged prior to the time aforesaid.
Debet
Latin. He owes; from debere: de habere, to have a thing of some one. Debet et detinet - He owes and with holds.
Debet et detinet
Pleading. He owes and detains. In an action of.debt, the form of the writ is either in the debet and detinet, that is, it states that the defendant owes and unjustly detains the debt or thing in question, it is so brought between the original contracting parties; or, it is in the detinet only; that is, that the defendant unjustly detains from the plaintiff the debt or thing for which the action is brought; this is the form in in action by an executor, because the debt or duty is not due to him, but it is unjustly detained from him.
Debit
Debitum
A thing due or owing; an obligation; a debt, q.v.
Debitum in praesenti, solvendum in futuro
A debt due at present, to be paid in future.
Debitum in pręsenti, solvendum in futuro
An obligation existing in the present, dischargeable in the future.
Debitum sine brevi
Debt without a writ or declaration. Abbreviated d.s.b.
Debt
Whatever one owes. A sum of money due by certain and express agreement.
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This dictionary contains 8526 terms.
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