EXÉCUTION PARÉE

execution paree

execution paree 〈法〉根据债务人承认所欠债款而对其财产所作的执行 法国法中的一种执行程序。按照这一程序,债务人自己承认欠有债务并同意接受要求自己偿还债务的判决时,债权人得不经传唤债务人,直接扣押和变卖债务人的财产,并以所得价款偿还债务人所欠债务 。(→confession of judgment)

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exécution parée

exécution parée (eg-zay-koo-syawn pa-ray). [French] French law. A right founded on an act approved and verified before a notary, by which a creditor may immediately — without citation or summons — seize and cause to be sold the debtor’s property and keep the proceeds of the sale (to the extent of the indebtedness).

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