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Involuntary bankruptcy
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Involuntary bankruptcyA proceeding initiated by creditors requesting the bankruptcy court to place a debtor in liquidation.
RELATED TERMS--------------------------------------
Proceeding
In its general acceptation, this word means the form in which actions are to be brought and defended, the manner of intervening in suits, of conducting them, the mode of deciding them, of opposing judgments and of executing.
Bankruptcy
Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay their creditors. A declared state of bankruptcy can be requested or initiated by the bankrupt individual or organisation, or it can be requested by creditors in an effort to recoup a portion of what they are owed. However, in the overwhelming majority of cases, the bankruptcy is initiated by the "bankrupt" individual or organization.
Court
A body in government to which the administration of justice is delegated.
Place
Pleading, evidence. A particular portion of space; locality.
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.
Liquidation
A fixed and determinate valuation of things which before were uncertain.
SIMILAR TERMS--------------------------------------
Invoice
Commerce. An account of goods or merchandise sent by merchants to their correspondents at home or abroad, in which the marks of each package, with other particulars, are set forth. An invoice ought to contain a detailed statement, which should indicate the nature, quantity, quality, and price of the things sold, deposited
Invoice book
Commerce, accounts. One in which invoices are copied.
Involuntary
An involuntary act is that which is performed with constraint or with repugnance, or without the will to do it. An action is involuntary then, which is performed under duress.
PREVIOUS AND NEXT TERMS--------------------------------------
Inviolability
That which is not to be violated. The persons of ambassadors are inviolable.
Invito domino
Criminal law. Without the consent of the owner.
Invoice
Commerce. An account of goods or merchandise sent by merchants to their correspondents at home or abroad, in which the marks of each package, with other particulars, are set forth. An invoice ought to contain a detailed statement, which should indicate the nature, quantity, quality, and price of the things sold, deposited
Invoice book
Commerce, accounts. One in which invoices are copied.
Involuntary
An involuntary act is that which is performed with constraint or with repugnance, or without the will to do it. An action is involuntary then, which is performed under duress.
Involuntary bankruptcy
Iou
Greek hypothesis, a placing under; supposition. "I owe you". A popular designation of a due-bill or memorandum of debt. Consist's of those letters, a sum of money, and the debtor's signature. As it contains no direct promise to pay, it is not a promissory note, but a mere acknowledgment of indebtedness.
Ipse
He, himself; the very man.
Ipsissima verba
(United Kingdom) The very words of a speaker.
Ipso facto
By the fact itself. This phrase is frequently employed to convey the idea that something which has been done contrary to law is void.
Ipso jure
By the act of the law itself, or by mere operation of law.
RELATED TERMS--------------------------------------
Proceeding
In its general acceptation, this word means the form in which actions are to be brought and defended, the manner of intervening in suits, of conducting them, the mode of deciding them, of opposing judgments and of executing.
Bankruptcy
Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay their creditors. A declared state of bankruptcy can be requested or initiated by the bankrupt individual or organisation, or it can be requested by creditors in an effort to recoup a portion of what they are owed. However, in the overwhelming majority of cases, the bankruptcy is initiated by the "bankrupt" individual or organization.
Court
A body in government to which the administration of justice is delegated.
Place
Pleading, evidence. A particular portion of space; locality.
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.
Liquidation
A fixed and determinate valuation of things which before were uncertain.
SIMILAR TERMS--------------------------------------
Invoice
Commerce. An account of goods or merchandise sent by merchants to their correspondents at home or abroad, in which the marks of each package, with other particulars, are set forth. An invoice ought to contain a detailed statement, which should indicate the nature, quantity, quality, and price of the things sold, deposited
Invoice book
Commerce, accounts. One in which invoices are copied.
Involuntary
An involuntary act is that which is performed with constraint or with repugnance, or without the will to do it. An action is involuntary then, which is performed under duress.
PREVIOUS AND NEXT TERMS--------------------------------------
Inviolability
That which is not to be violated. The persons of ambassadors are inviolable.
Invito domino
Criminal law. Without the consent of the owner.
Invoice
Commerce. An account of goods or merchandise sent by merchants to their correspondents at home or abroad, in which the marks of each package, with other particulars, are set forth. An invoice ought to contain a detailed statement, which should indicate the nature, quantity, quality, and price of the things sold, deposited
Invoice book
Commerce, accounts. One in which invoices are copied.
Involuntary
An involuntary act is that which is performed with constraint or with repugnance, or without the will to do it. An action is involuntary then, which is performed under duress.
Involuntary bankruptcy
Iou
Greek hypothesis, a placing under; supposition. "I owe you". A popular designation of a due-bill or memorandum of debt. Consist's of those letters, a sum of money, and the debtor's signature. As it contains no direct promise to pay, it is not a promissory note, but a mere acknowledgment of indebtedness.
Ipse
He, himself; the very man.
Ipsissima verba
(United Kingdom) The very words of a speaker.
Ipso facto
By the fact itself. This phrase is frequently employed to convey the idea that something which has been done contrary to law is void.
Ipso jure
By the act of the law itself, or by mere operation of law.
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This dictionary contains 8526 terms.
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