"Preferential Assignment" is a word in LAW AND LEGAL

Preferential Assignment LAW AND LEGAL
Definition:

An assignment of property for the benefit of creditors, made by an Insolvent debtor, in which it is directed that a preference (right to be paid first in full) shall be given to a creditor or creditors therein named.

Few words of positivity

And one thing we know is real: horror. It is so real, in fact, that we cannot be sure it could not exist without us. Yes, it needs our imaginations and our consciousness, but it does not ask or require our consent to use them. Indeed, horror operates with complete autonomy. Generating ontological havoc, it is mephitic foam upon which our lives merely float. And, all said, we must face up to it: horror is more real than we are.

Thomas Ligotti, Songs of a Dead Dreamer

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Laugh your heart out.

Q: What do you do with percussionists that lose one of their drumsticks?A: Stick them up front of the group and tell them to wave their arms!

In Scotch law. An abstract of the decree of adjudication, and of the lauds adjudged, with the amount of the …

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Absconding Debtor LAW AND LEGAL

one,who;ab-sconds from his credltors. An absconding, debtor is oue who lives without the stpte, or who has intentionally concealed himself …

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Acceptilation LAW AND LEGAL

In the civil and Scotch law’.- A release made by a creditor to hls debtor of his debt, without receiving …

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Acquietandis Plegiis LAW AND LEGAL

A writ of justices, formerly lying for the surety agninst a creditor, who refuses to acquit him after

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Addictio LAW AND LEGAL

In the Roman law. The giving up to a creditor of hls debtor's person by a magistrate; also the transfer …

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Somewhat of possession, and noth-lng of right, (hut no right) A phrase used by Bracton to describe that kind of …

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Antapocha LAW AND LEGAL

In the Roman law. A transcript or counterpart of the Instrument called “apocha.” signed by the debtor and delivered to …

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Antichresis LAW AND LEGAL

In the civil law. A species of mortgage, or pledge of immovables. An agreement by which the debtor gives to …

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apprizer ENGLISH

A creditor for whom an appraisal is made.

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Apprizing LAW AND LEGAL

In Scotch law. A form of process by which a creditor formerly took possession of the estates of the debtor …

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appropriation ENGLISH

The application of payment of money by a debtor to his creditor, to one of several debts which are due …

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A term used in Scotch, law in cases where there is more than the debt due to the adjudging creditor, …

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assets ENGLISH

Property of a deceased person, subject by law to the payment of his debts and legacies; -- called assets because …

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assign ENGLISH

To transfer, or make over to another, esp. to transfer to, and vest in, certain persons, called assignees, for the …

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assignee ENGLISH

In England, the persons appointed, under a commission of bankruptcy, to manage the estate of a bankrupt for the benefit …

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assignment ENGLISH

The transfer of the property of a bankrupt to certain persons called assignees, in whom it is vested for the …

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Badge Of Fraud LAW AND LEGAL

A term used rel-atively to the law of fraudulent convey-ances made to hinder and defraud creditors, it is defiued as …

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bankrupt ENGLISH

A trader who secretes himself, or does certain other acts tending to defraud his creditors.

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Bankrupt LAW AND LEGAL

A person who has com-mitted an act of bankruptcy; one who has done some act or suffered some act to …

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Bankrupt Law LAW AND LEGAL

A law relating to bankrupts and the procedure against them in the courts. A law providing a remedy for the …

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