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Expromission
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ExpromissionCivil law. The act by which a creditor accepts a new debtor, who becomes bound instead of the old, the latter being released. It is a species of novation.
RELATED TERMS--------------------------------------
Civil
1) It is used in contradistinction to barbarous or savage, to indicate a state of society reduced to order and regular government; thus we speak of civil life, civil society, civil government, and civil liberty. 2) It is sometimes used in contradistinction to criminal, to indicate the private rights and remedies of men, as members of the community, in contrast to those which are public and relate to the government; thus we speak of civil process and criminal process, civil jurisdiction and criminal jurisdiction.
Law
A rule or body of rules of conduct inherent in human nature and essential to or binding upon human society. The learned profession that is mastered by graduate study in a law school and that is responsible for the judicial system.
Creditor
Creditor or obligee. Contracts. The person in favor of whom some obliga- tion is contracted, whether such obligation be to pay money, or to do, or not to do something.
Debtor
Debtor or obligor. The person who has engaged to perform some obligation. The word obligor, in its more technical signification, is applied to designate one who makes a bond.
Novation
Civil law. Novation is a substitution of a new for an old debt. The old debt is extinguished by the new one con- tracted in its stead; a novation may be made in three different ways, which form three distinct kinds of novations.
SIMILAR TERMS--------------------------------------
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.
Express trust
A trust which is clearly created by the settlor, usually in the form of a document (eg. a will), although they can be oral. They are to be contrasted with trusts which come to being through the operation of the law and which do not result from the clear intent or decision of any settlor to create a trust (eg. constructive trust).
Expression
The term or use of language employed to explain a thing.
Exprommissor
Civil law. By this term is understood the person who alone becomes bound for the debt of another, whether the latter were obligated or not. He differs from a surety, who is bound together with his principal.
Expropriation
Canada: the forced sale of land to a public authority. Synonymous to the USA doctrine of "eminent domain".
PREVIOUS AND NEXT TERMS--------------------------------------
Exposition de part
French law. The abandonment of a child, unable to take care of itself, either in a public or private place.
Exposure
The potential for loss.
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.
Express trust
A trust which is clearly created by the settlor, usually in the form of a document (eg. a will), although they can be oral. They are to be contrasted with trusts which come to being through the operation of the law and which do not result from the clear intent or decision of any settlor to create a trust (eg. constructive trust).
Expression
The term or use of language employed to explain a thing.
Expromission
Exprommissor
Civil law. By this term is understood the person who alone becomes bound for the debt of another, whether the latter were obligated or not. He differs from a surety, who is bound together with his principal.
Expropriation
Canada: the forced sale of land to a public authority. Synonymous to the USA doctrine of "eminent domain".
Expunge
To physically erase; to white or strike out. To "expunge" something from a court record means to remove every reference to it from the court file.
Expungement
The process by which the record of criminal conviction is destroyed or sealed.
Extension
Common law. This term is applied among merchants to signify an agreement made between a debtor and his creditors, by which the latter, in order to enable the former, embarrassed in his circumstances, to retrieve his standing, agree to wait for a definite length of time after their several claims should become due and payable, before they will demand payment.
RELATED TERMS--------------------------------------
Civil
1) It is used in contradistinction to barbarous or savage, to indicate a state of society reduced to order and regular government; thus we speak of civil life, civil society, civil government, and civil liberty. 2) It is sometimes used in contradistinction to criminal, to indicate the private rights and remedies of men, as members of the community, in contrast to those which are public and relate to the government; thus we speak of civil process and criminal process, civil jurisdiction and criminal jurisdiction.
Law
A rule or body of rules of conduct inherent in human nature and essential to or binding upon human society. The learned profession that is mastered by graduate study in a law school and that is responsible for the judicial system.
Creditor
Creditor or obligee. Contracts. The person in favor of whom some obliga- tion is contracted, whether such obligation be to pay money, or to do, or not to do something.
Debtor
Debtor or obligor. The person who has engaged to perform some obligation. The word obligor, in its more technical signification, is applied to designate one who makes a bond.
Novation
Civil law. Novation is a substitution of a new for an old debt. The old debt is extinguished by the new one con- tracted in its stead; a novation may be made in three different ways, which form three distinct kinds of novations.
SIMILAR TERMS--------------------------------------
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.
Express trust
A trust which is clearly created by the settlor, usually in the form of a document (eg. a will), although they can be oral. They are to be contrasted with trusts which come to being through the operation of the law and which do not result from the clear intent or decision of any settlor to create a trust (eg. constructive trust).
Expression
The term or use of language employed to explain a thing.
Exprommissor
Civil law. By this term is understood the person who alone becomes bound for the debt of another, whether the latter were obligated or not. He differs from a surety, who is bound together with his principal.
Expropriation
Canada: the forced sale of land to a public authority. Synonymous to the USA doctrine of "eminent domain".
PREVIOUS AND NEXT TERMS--------------------------------------
Exposition de part
French law. The abandonment of a child, unable to take care of itself, either in a public or private place.
Exposure
The potential for loss.
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.
Express trust
A trust which is clearly created by the settlor, usually in the form of a document (eg. a will), although they can be oral. They are to be contrasted with trusts which come to being through the operation of the law and which do not result from the clear intent or decision of any settlor to create a trust (eg. constructive trust).
Expression
The term or use of language employed to explain a thing.
Expromission
Exprommissor
Civil law. By this term is understood the person who alone becomes bound for the debt of another, whether the latter were obligated or not. He differs from a surety, who is bound together with his principal.
Expropriation
Canada: the forced sale of land to a public authority. Synonymous to the USA doctrine of "eminent domain".
Expunge
To physically erase; to white or strike out. To "expunge" something from a court record means to remove every reference to it from the court file.
Expungement
The process by which the record of criminal conviction is destroyed or sealed.
Extension
Common law. This term is applied among merchants to signify an agreement made between a debtor and his creditors, by which the latter, in order to enable the former, embarrassed in his circumstances, to retrieve his standing, agree to wait for a definite length of time after their several claims should become due and payable, before they will demand payment.
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This dictionary contains 8526 terms.
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