Search the Dictionary

nd or obliged in law or equity; responsible; answerable; as, the surety is liable for the debt of his principal.

A legal claim; a charge upon real or personal property for the satisfaction of some debt or duty; a right in one to control or hold and retain the property of another until some claim of the former is paid or satisfied.

Clear; definite in terms or amount.[Obs.] "Though the debt should be entirely liquid." Ayliffe. Liquid glass. See Soluble glass, under Glass.

To determine by agreement or by litigation the precise amount of (indebtedness); or, where there is an indebtedness to more than one person, to determine the precise amount of (each indebtedness); to make the amount of (an indebtedness); clear and certain. A debt or demand is liquidated whenever the amount due is agree…

over to a trustee one's assets and accounts, in order that the several amounts of one's indebtedness be authoritatively ascertained, and that the assets may be applied toward their discharge.

n a brief and compendious form. Memorandum check, a check given as an acknowledgment of indebtedness, but with the understanding that it will not be presented at bank unless the maker fails to take it up on the day the debt becomes due. It usually has Mem. written on its face.

A conveyance of property, upon condition, as security for the payment of a debt or the preformance of a duty, and to become void upon payment or performance according to the stipulated terms; also, the written instrument by which the conveyance is made.

like. -- Nature worship, the worship of the personified powers of nature. -- To pay the debt of nature, to die.

tc.; to omit; to disregard; to slight; as, to neglect duty or business; to neglect to pay debts. I hope My absence doth neglect no great designs. Shak. This, my long suffering and my day of grace, Those who neglect and scorn shall never taste. Milton.

-- Nihil debet Etym: [L., he owes nothing] (Law), the general issue in certain actions of debt. -- Nihil dicit Etym: [L., he says nothing] (Law), a declinature by the defendant to plead or answer. Tomlins.

The plea of the general issue in an action of debt on bond.

Inability to pay debts; insolvency.

A written or printed paper acknowledging a debt, and promising payment; as, a promissory note; a note of hand; a negotiable note.

A substitution of a new debt for an old one; also, the remodeling of an old obligation.

The state of being obligated or bound; the state of being indebted for an act of favor or kindness; as, to place others under obligations to one.

To bind by some favor rendered; to place under a debt; hence, to do a favor to; to please; to gratify; to accommodate. Thus man, by his own strength, to heaven would soar, And would not be obliged to God for more. Dryden. The gates before it are brass, and the whole much obliged to Pope Urban VIII. Evelyn. I shall be m…

To remove from legal jurisdiction or enforcement; as, to outlaw a debt or claim; to deprive of legal force. "Laws outlawed by necessity." Fuller.

mething derived or bestowed; to be obliged to ascribe (something to some source); to be indebted or obliged for; as, he owed his wealth to his father; he owed his victoty to his lieutenants. Milton. O deem thy fall not owed to man's decree. Pope.

Negotiable evidences of indebtedness; notes; bills of exchange, and the like; as, the bank holds a large amount of his paper.

nsible as ordinary partners, and one or more special partners, who are not liable for the debts of the partnership beyond the amount of cash they contribute as capital. -- Partnership in commendam, the title given to the limited partnership (F. société en commandité) of the French law, introduced into the code of Loui…