"Reduction Into Possession" is a word in LAW AND LEGAL

Reduction Into Possession LAW AND LEGAL
Definition:

The act of exerclsing the right conferred by a chose ln action, so as to convert lt into a chose in possession; thus, a debt is reduced into possession by payment Sweet.

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Chose In Action LAW AND LEGAL

A rlght to personal things of whlch the owner has not the possession, but merely a right of action for …

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Chose In Possession LAW AND LEGAL

A thing in possession, as distinguished from a thing in action. Sterling v. Sims, 72 Ga. 53; Vaw-ter v. Griffin, …

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In Agtion LAW AND LEGAL

Attainable or recoverable by actlon; not ln possesslon. A term ap-plied to property of which a party has not the …

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