Search the Dictionary

Capable of being cleared off, as a debt.

The extinction of a debt, usually by means of a sinking fund; also, the money thus paid. Simmonds.

To clear off or extinguish, as a debt, usually by means of a sinking fund.

servant answered the bell. This proud king . . . studies day and night To answer all the debts he owes unto you. Shak.

menable; responsible; as, an agent is answerable to his principal; to be answerable for a debt, or for damages. Will any man argue that . . . he can not be justly punished, but is answerable only to God Swift.

r in a particular case; to appropriate; to devote; as, to apply money to the payment of a debt.

The application of payment of money by a debtor to his creditor, to one of several debts which are due from the former to the latter. Chitty.

letters to write. J. D. Forbes. In arrear or In arrears, behind; backward; behindhand; in debt.

To take, seize, or apprehend by authority of law; as, to arrest one for debt, or for a crime.

Property of a deceased person, subject by law to the payment of his debts and legacies; -- called assets because sufficient to render the executor or administrator liable to the creditors and legatees, so far as such goods or estate may extend. Story. Blackstone.

An assigner; a person who assigns or transfers an interest; as, the assignor of a debt or other chose in action.

A sanctuary or place of refuge and protection, where criminals and debtors found shelter, and from which they could not be forcibly taken without sacrilege. So sacred was the church to some, that it had the right of an asylum or sanctuary. Ayliffe.

e by legal authority: (a) To arrest by writ, and bring before a court, as to answer for a debt, or a contempt; -- applied to a taking of the person by a civil process; being now rarely used for the arrest of a criminal. (b) To seize or take (goods or real estate) by virtue of a writ or precept to hold the same to satis…

A trader who becomes unable to pay his debts; an insolvent trader; popularly, any person who is unable to pay his debts; an insolvent person. M

, about the middle of the 19th century, which was hostile to extension of slavery, public debts, corporate privileges, etc., and supported Van Buren against Cass for president in 1848; --opposed to Hunker. [Political Cant, U. S.]

Obliged; bound in gratitude; indebted. But being so beholden to the Prince. Tennyson.

instead of one or more things mentioned individually, as where a mortgage secures various debts as a group, or subjects a group or class of different pieces of property to one general lien.

lence. Arbitration bond. See under Arbitration. -- Bond crediter (Law), a creditor whose debt is secured by a bond. Blackstone. -- Bond debt (Law), a debt contracted under the obligation of a bond. Burrows. -- Bond (or lap) of a slate, the distance between the top of one slate and the bottom or drip of the second sl…

A volume or collection of sheets in which accounts are kept; a register of debts and credits, receipts and expenditures, etc.

Ruined financially; incapable of redeeming promises made, or of paying debts incurred; as, a broken bank; a broken tradesman.