debtor and creditor adjustment
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creditor — An obligee, a person, natural or artificial, public or private, in whose favor an obligation exists by reason of which he is or may become entitled to the payment of money, at least if the obligation is one on a liquidated demand based upon an… … Ballentine's law dictionary
Agricultural Adjustment Act — The Agricultural Adjustment Act (USPL|73|10, enacted May 12, 1933) restricted production during the New Deal by paying farmers to reduce crop area. Its purpose was to reduce crop surplus so as to effectively raise the value of crops, thereby… … Wikipedia
international payment and exchange — ▪ economics Introduction international exchange also called foreign exchange respectively, any payment made by one country to another and the market in which national currencies are bought and sold by those who require them for such… … Universalium
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
External debt — Map of countries by external debt based on 2005 CIA factbook figures Map of countries by externa … Wikipedia
Court of Conciliation — A court which proposes terms of adjustment, so as to avoid litigation; e.g. conciliation between debtor and creditor over disputed debt. May also function to aid in resolving marital disputes. See also small Claims Court … Black's law dictionary
Court of Conciliation — A court which proposes terms of adjustment, so as to avoid litigation; e.g. conciliation between debtor and creditor over disputed debt. May also function to aid in resolving marital disputes. See also small Claims Court … Black's law dictionary
bankruptcy — /bangk rupt see, reuhp see/, n., pl. bankruptcies. 1. the state of being or becoming bankrupt. 2. utter ruin, failure, depletion, or the like. [1690 1700; BANKRUPT + CY] * * * Status of a debtor who has been declared by judicial process to be… … Universalium
bankruptcy — bank·rupt·cy / baŋ ˌkrəp sē/ n pl cies 1: the quality or state of a bankrupt filed for bankruptcy 2: the administration of an insolvent debtor s property by the court for the benefit of the debtor s creditors the debt was discharged in bankruptcy … Law dictionary
