BOND n.
ds himself, his heirs, executors, and administrators, to pay a certain sum on or before a future day appointed. This is a single bond. But usually a condition is added, that, if the obligor shall do a certain act, appear at a certain place, conform to certain rules, faithfully perform certain duties, or pay a certain s…
BUY v.
-- To buy on credit, to purchase, on a promise, in fact or in law, to make payment at a future day. -- To buy the refusal (of anything), to give a consideration for the right of purchasing, at a fixed price, at a future time.
CONDITION n.
se of a will, to suspend, revoke, or modify a devise or bequest. It is also the case of a future uncertain event, which may or may not happen, and on the occurrence or non-occurrence of which, the accomplishment, recission, or modification of an obligation or testamentary disposition is made to depend. Blount. Tomlins.…
CREDIT n.
Trust given or received; expectation of future playment for property transferred, or of fulfillment or promises given; mercantile reputation entitling one to be trusted; -- applied to individuals, corporations, communities, or nations; as, to buy goods on credit. Credit is nothing but the expectation of money, within s…