executor's right of retainer

executor's right of retainer
See retainer.

Ballentine's law dictionary. . 1998.

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Look at other dictionaries:

  • right to retainer — The right which the executor or administrator of a deceased person has to retain out of the assets sufficient to pay any debt due to him from the deceased in priority to the other creditors whose debts are of equal degree. In re Smith s Estate,… …   Black's law dictionary

  • retainer — The act of a person in engaging an attorney at law professionally, whether by express agreement or impliedly by seeking and obtaining his advice and assistance. 7 Am J2d Attys § 91. A preliminary fee given to counsel to secure his services or to… …   Ballentine's law dictionary

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  • compensation — com·pen·sa·tion /ˌkäm pən sā shən/ n 1: the act of compensating 2 in the civil law of Louisiana: the ending of mutual obligations between two people for money or quantities of fungible things usu. by operation of law but sometimes by an agreement …   Law dictionary

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