debt by special contract

debt by special contract
Same as debt by specialty.

Ballentine's law dictionary. . 1998.

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  • debt — A sum of money due by certain and express agreement. A specified sum of money owing to one person from another, including not only obligation of debtor to pay but right of creditor to receive and enforce payment. State v. Ducey, 25 Ohio App.2d 50 …   Black's law dictionary

  • debt — A sum of money due by certain and express agreement. A specified sum of money owing to one person from another, including not only obligation of debtor to pay but right of creditor to receive and enforce payment. State v. Ducey, 25 Ohio App.2d 50 …   Black's law dictionary

  • debt by specialty — Also called a debt by special contract. It is a debt or contract whereby a sum of money becomes, or is acknowledged to be, due by deed or by an instrument under seal. Kerr v Lydecker, 51 Ohio St 240, 37 NE 267. See specialty …   Ballentine's law dictionary

  • contract — con·tract 1 / kän ˌtrakt/ n [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com with, together + trahere to draw] 1: an agreement between two or more parties that creates in each party a duty to… …   Law dictionary

  • contract — contractee, n. contractible, adj. contractibility, contractibleness, n. contractibly, adv. n., adj., and usu. for v. 16 18, 22, 23 /kon trakt/; otherwise v. /keuhn trakt /, n. 1. an agreement between two or more parties for the doing or not doing …   Universalium

  • contract — con•tract n., adj., and usu. for v. 16–18, 22, 23 [[t]ˈkɒn trækt[/t]] otherwise v. [[t]kənˈtrækt[/t]] n. 1) an agreement between two or more parties for the doing or not doing of something specified 2) law an agreement enforceable by law 3) law… …   From formal English to slang

  • CONTRACT — (Heb. חוֹזֶה, ḥozeh), in general law theory a legally binding agreement between two or more parties, in terms of which one party undertakes for the benefit of the other to perform or refrain from a certain act. As such, contract is the main… …   Encyclopedia of Judaism

  • Debt settlement — Debt settlement, also known as debt arbitration, debt negotiation or credit settlement, is an approach to debt reduction in which the debtor and creditor agree on a reduced balance that will be regarded as payment in full.[1] Debt settlement is… …   Wikipedia

  • specialty debt — A debt due or acknowledged to be due by deed or instrument under seal. 2 Bl.Comm. 465 See also debt by specialty or debt by special contract …   Black's law dictionary

  • Debt — For other uses, see Debt (disambiguation). Personal finance Credit and debt Pawnbroker Student loan Employment contract …   Wikipedia

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