Juridical Dictionary

This dictionary contains:
8526
juridical terms

Overdue




Overdue

A bill, note, bond or other contract, for the payment of money at a particular day, when not paid upon the day, is overdue.

RELATED TERMS
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Bill
1) Legislation. An instrument drawn or presented by a member or committee to a legislative body for its approbation and enactment. After it has gone through both houses and received the constitutional sanction of the chief magistrate, where such approbation is requisite, it becomes a law. 2) Merchant law. An account containing the items of goods sold, or of work done by one person against another. 3) Contracts. A bill or obligation, is a deed whereby the obligor acknowledges himself to owe unto the obligee a certain sum of money or some other thing, in which, besides the names of the parties, are to be considered the sum or thing due, the time, place, and manner of payment or delivery thereof. It may be indented, or poll, and with or without a penalty.

Note
Estates, convention, practice. The fourth part of a fine of lands: it is an abstract of the writ of covenant and concord, and is only a, doequet taken by the chirographer, from which he draws up the indenture. It is sometimes taken in the old books for the concord.

Bond
A written agreement by which a person insures he will pay a certain sum of money if he does not perform certain duties property.

Contract
A negotiated oral or written agreement setting forth the terms for an exchange of value between parties (which may be individuals or companies) and under which each party promises to perform an obligation. Certain terms, such as the obligations to be performed and the terms for setting price or compensation must be mutually understood, known in legal lingo as a "meeting of the minds," and promised to by the parties to form a legal contract.

Payment
1) Contracts. That which is given to execute what has been promised; or it is the fulfilment of a promise. Solvere dicimus cum quis fecit, quod facere promisit. But though this is the general acceptation of the word, yet by payment is understood, every way by which the creditor is satisfied or ought to be, and the debtor, liberated for example, an accord and satisfaction will operate as a payment. 2) Pleadings. The name of a plea by which the defendant alleges that he has paid the debt claimed in the declaration; this plea must conclude to the country.

Money
Gold, silver, and some other less precious metals, in the progress of civilization and commerce, have become the common standards of value; in order to avoid the delay and inconvenience of regulating their weight and quality whenever passed, the governments of the civilized world have caused them to be manufactured in certain portions, and marked with a Stamp which attests their value; this is called money.

When
1) At which time, in wills, standing by itself unqualified and unexplained, this is a word of condition denoting the time at which the gift is to continence. 2) The context of a will may show that the word when is to be applied to the possession only, not to the vesting of a legacy; but to justify this construction, there must be circumstances, or other expressions in the will, showing such to have been the testator's intent.

Overdue
A bill, note, bond or other contract, for the payment of money at a particular day, when not paid upon the day, is overdue.



SIMILAR TERMS
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Overbilling schemes
Padding invoices with extraneous or fictitious items. Intentional duplicate billing, such as billing two parties for the same work is also an overbilling scheme.

Overplus
What is left beyond a certain amount; the residue, the remainder of a thing. The same as Surplus.

Overregulation
Exaggerate regulation of a particular industry or area of the economy or society by government.

Overrule
A judge's decision not to allow an objection. Also, a decision by a higher court finding that a lower court decision was in error.

Overseers of the poor
Persons appointed or elected to take care of the poor with moneys furnished to them by the public authority.

Oversman
Scotch law. A person commonly named in a submission, to whom power is given to determine in case the arbiters cannot agree in the sentence; sometimes the nomination of the oversman is left to the arbiters. In either case the oversman has no power to decide, unless the arbiters differ in opinion.

Overt
Open. An overt act in treason is proof of the intention of the traitor, because it opens his designs; without an overt act treason cannot be committed.

Overtime lawsuit
A lawsuit for unpaid overtime.

Overtime pay
Compensation to be paid to employees in addition to their normal wages for hours they had worked over the forty-hour workweek contract.



PREVIOUS AND NEXT TERMS
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Out-of-route
Outside sales or service workers who deviate from their normal route or time schedule, such as conducting personal errands or taking excessively long coffee or lunch breaks.

Outrage
A grave injury; a serious wrong. This is a generic word which is applied to everything, which is injurious, in great degree, to the honor or rights of another.

Outriders
English law. Bailiffs errant, employed by the sheriffs and their deputies, to ride to the furthest places of their counties or hundreds to summon such as they thought good, to attend their county or hundred court.

Outstanding items
In checking operations, checks that have been written but not cleared through the bank. An equivalent banking term for interbank transactions.

Overbilling schemes
Padding invoices with extraneous or fictitious items. Intentional duplicate billing, such as billing two parties for the same work is also an overbilling scheme.

Overdue

Overplus
What is left beyond a certain amount; the residue, the remainder of a thing. The same as Surplus.

Overrule
A judge's decision not to allow an objection. Also, a decision by a higher court finding that a lower court decision was in error.

Overseers of the poor
Persons appointed or elected to take care of the poor with moneys furnished to them by the public authority.

Oversman
Scotch law. A person commonly named in a submission, to whom power is given to determine in case the arbiters cannot agree in the sentence; sometimes the nomination of the oversman is left to the arbiters. In either case the oversman has no power to decide, unless the arbiters differ in opinion.

Overt
Open. An overt act in treason is proof of the intention of the traitor, because it opens his designs; without an overt act treason cannot be committed.

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This dictionary contains 8526 terms.







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