debt of record
A debt evidenced by a court record, such as a judgment.
Search Results for: debt of record
nul tiel record
nul tiel record, n. [Law French “no such record”] A plea denying the existence of the record on which the plaintiff bases a claim. • Evidence may generally be introduced to invalidate the record only, not the statements in the record. See trial by record under TRIAL. [Cases: Judgment 914.] “The proper general issue in
simple contract debt
A debt that is either oral or written but is not of record and not under seal. — Also termed debt by simple contract.
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recharacterization
recharacterization. A court’s determination that an insider’s loan to an entity in liquidation (such as a corporation or partnership) should be treated as a capital contribution, not as a loan, thereby entitling the insider to only part of the liquidation proceeds payable after all the business’s debts have been discharged. • Factors influencing this determination
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kalendarium
kalendarium (kal-[schwa]n-dair-ee-[schwa]m). [Latin] Roman law. 1. A book of accounts in which a moneylender recorded the names of debtors and the principal and interest due. 2. A written register of births, recorded daily.
satisfaction of judgment
satisfaction of judgment. 1. The complete discharge of obligations under a judgment. [Cases: Federal Civil Procedure 2398; Judgment 874–899. C.J.S. Judgments §§ 656–676, 678–692.] 2. The document filed and entered on the record indicating that a judgment has been paid. [Cases: Federal Civil Procedure 2398; Judgment 897. C.J.S. Judgments § 686.] “Generally, a satisfaction of
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recognizance
recognizance (ri-kog-n[schwa]-z[schwa]nts). 1. A bond or obligation, made in court, by which a person promises to perform some act or observe some condition, such as to appear when called, to pay a debt, or to keep the peace; specif., an in-court acknowledgment of an obligation in a penal sum, conditioned on the performance or nonperformance
recognizor
recognizor (ri-kog-n[schwa]-zor). A person who is obligated under a recognizance; one who is bound by a recognizance. — Also termed recognitor. “A recognizance is an acknowledgment upon record of a former debt, and he who so acknowledges such debt to be due is termed the recognizor, and he to whom or for whose benefit he