benefit of discussion

benefit of discussion
(Civil law.) The right 'of a surety to have his principal's property first subjected to the payment of the obligation.

Ballentine's law dictionary. . 1998.

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  • benefit of discussion — see benefit 2 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • benefit of discussion — Etymology: translation of Late Latin beneficium discussionis : beneficium excussionis …   Useful english dictionary

  • benefit — Advantage; profit; fruit; privilege; gain; interest. The receiving as the exchange for promise some performance or forbearance which promisor was not previously entitled to receive. Graphic Arts Finishers, Inc. v. Boston Redevelopment Authority,… …   Black's law dictionary

  • benefit — Advantage; profit; fruit; privilege; gain; interest. The receiving as the exchange for promise some performance or forbearance which promisor was not previously entitled to receive. Graphic Arts Finishers, Inc. v. Boston Redevelopment Authority,… …   Black's law dictionary

  • discussion — In the civil law, a proceeding, at the instance of a surety, by which the creditor is obliged to exhaust the property of the principal debtor, towards the satisfaction of the debt, before having recourse to the surety; and this right of the… …   Black's law dictionary

  • discussion — In the civil law, a proceeding, at the instance of a surety, by which the creditor is obliged to exhaust the property of the principal debtor, towards the satisfaction of the debt, before having recourse to the surety; and this right of the… …   Black's law dictionary

  • discussion — A civil law term meaning the seizure and sale of the property of the principal to satisfy the demand against him before proceeding against that of the surety. Schmidt v New Orleans, 33 La Ann 17, 18. See benefit of discussion …   Ballentine's law dictionary

  • benefice de discussion — Fr. Bénéfice de division Benefit of discussion. The right of a guarantor to require that the creditor should exhaust his recourse against the principal debtor before having recourse to the guarantor himself …   Black's law dictionary

  • benefice de discussion — Fr. Bénéfice de division Benefit of discussion. The right of a guarantor to require that the creditor should exhaust his recourse against the principal debtor before having recourse to the guarantor himself …   Black's law dictionary

  • Cost–benefit analysis — (CBA), sometimes called benefit–cost analysis (BCA), is a systematic process for calculating and comparing benefits and costs of a project for two purposes: (1) to determine if it is a sound investment (justification/feasibility), (2) to see how… …   Wikipedia

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