fiat in bankruptcy

fiat in bankruptcy
An English term; an order signed by the lord chancellor authorizing the issuance of a commission in bankruptcy and the prosecution by the creditors of their complaint.

Ballentine's law dictionary. . 1998.

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  • fiat — /fayaet, fayat/ (Lat. Let it be done. ) In old English practice, a short order or warrant of a judge or magistrate directing some act to be done; an authority issuing from some competent source for the doing of some legal act. One of the… …   Black's law dictionary

  • fiat — /fayaet, fayat/ (Lat. Let it be done. ) In old English practice, a short order or warrant of a judge or magistrate directing some act to be done; an authority issuing from some competent source for the doing of some legal act. One of the… …   Black's law dictionary

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