assignee for the benefit of creditors

assignee for the benefit of creditors
The person, firm or corporation to whom or to which an assignment for creditors is made. 6 Am J2d Assign for Crs § 89.

Ballentine's law dictionary. . 1998.

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Look at other dictionaries:

  • assignee in trust for the benefit of creditors — An assignee in insolvency. Anno: 113 ALR 745 …   Ballentine's law dictionary

  • assignee's fees — The compensation of an assignee under an assignment for the benefit of creditors. 6 Am J2d Assigns for Crs § 91 …   Ballentine's law dictionary

  • Assignee — As sign*ee , n. [F. assign[ e], p. p. of assigner. See {Assign}, v., and cf. {Assign} an assignee.] (Law) (a) A person to whom an assignment is made; a person appointed or deputed by another to do some act, perform some business, or enjoy some… …   The Collaborative International Dictionary of English

  • assignee in insolvency — The person to whom an insolvent debtor makes an assignment for the benefit of his creditors. See trustee in bankruptcy …   Ballentine's law dictionary

  • creditor — A person to whom a debt is owing by another person who is the debtor. Rooney v. Inheritance Tax Commission of Kansas, 143 Kan. 143, 53 P.2d 500, 501. One who has a right to require the fulfillment of an obligation or contract. Murphy v. Jos.… …   Black's law dictionary

  • creditor — A person to whom a debt is owing by another person who is the debtor. Rooney v. Inheritance Tax Commission of Kansas, 143 Kan. 143, 53 P.2d 500, 501. One who has a right to require the fulfillment of an obligation or contract. Murphy v. Jos.… …   Black's law dictionary

  • 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

  • magister bonorum vendendorum — /majistar banoram vendendoram/ In Roman law, a person appointed by judicial authority to inventory, collect, and sell the property of an absent or absconding debtor for the benefit of his creditors. He was generally one of the creditors, and his… …   Black's law dictionary

  • magister bonorum vendendorum — /majistar banoram vendendoram/ In Roman law, a person appointed by judicial authority to inventory, collect, and sell the property of an absent or absconding debtor for the benefit of his creditors. He was generally one of the creditors, and his… …   Black's law dictionary

  • following trust fund or property — Pursuing property wrongfully converted by a fiduciary for the purpose of compelling restitution to the beneficiary, such pursuit encompassing a following through all changes in state and form, so long as such property, its product, or its… …   Ballentine's law dictionary

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