debt not due

debt not due
See debt due; maturity.

Ballentine's law dictionary. . 1998.

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  • debt — A common law action for the recovery of a fixed and definite sum of money or for a sum of money which can be ascertained from fixed data by computation or is capable of being readily reduced to certainty. 1 Am J2d Actions § 20; that which is… …   Ballentine's law dictionary

  • debt — n [Old French dette, ultimately from Latin debita, plural of debitum debt, from neuter of debitus, past participle of debere to owe] 1: something owed: as a: a specific sum of money or a performance due another esp. by agreement (as a loan… …   Law dictionary

  • Debt deflation — is a theory of economic cycles, which holds that recessions and depressions are due to the overall level of debt shrinking (deflating): the credit cycle is the cause of the economic cycle. The theory was developed by Irving Fisher following the… …   Wikipedia

  • due — adj [Old French deu, past participle of devoir to owe, from Latin debere] 1 a: satisfying or capable of satisfying an obligation, duty, or requirement under the law the buyer s due performance under the contract due proof of loss b: proper under… …   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 — 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

  • due — [[t]dju͟ː, AM du͟ː[/t]] ♦♦ dues 1) PHR PREP: v link PREP n If an event is due to something, it happens or exists as a direct result of that thing. The country s economic problems are largely due to the weakness of the recovery... If the trip is a …   English dictionary

  • due bill — noun 1. : a written acknowledgment of a debt not made payable to order used especially to make payment in services rather than cash (as by hotels for advertising) 2. : a bill for the balance due where the first bill was insufficient * * * a brief …   Useful english dictionary

  • debt due — Literally, an obligation which is due, that is, mature. Within the meaning of a garnishment statute, a debt is due and therefore subject to a garnishment when there is an existing obligation to pay in the present or in the future. That is, the… …   Ballentine's law dictionary

  • Debt — • That which is owed or due to another; in general, anything which one person is under an obligation to pay or render to another Catholic Encyclopedia. Kevin Knight. 2006. Debt     Debt      …   Catholic encyclopedia

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