- mutuality of demands
- See mutual credits; mutual demands; mutuality of parties and demands.
Ballentine's law dictionary. Anderson, W.S.. 1998.
mutuality of demands
Look at other dictionaries:
mutuality of parties and demands — A matter of demands between the same parties in the same capacity at the same time and mutuality as to the quality of the right. 20 Am J2d Countcl § 74. The setoff or counterclaim must be such a demand that defendant, in his own name, or in the… … Ballentine's law dictionary
reciprocal demands — Demands between two persons, one against the other arid the other against the one, as in mutual accounts. 1 Am J2d Acctg § 5. See mutuality of parties and demands … Ballentine's law dictionary
mutual demands — Reciprocal demands existing between the same persons at the same time. 20 Am J2d Countcl § 74. See mutual credit; mutuality of parties and demands … Ballentine's law dictionary
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mutual credit — A knowledge on both sides of an existing debt due to one party, and a credit by the other party, founded on, and trusting to such debt, as a means of discharging it. This definition is not quite broad enough to cover all the cases, where there… … Ballentine's law dictionary
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