discharge payment obligations

См. также в других словарях:

• discharge — dis·charge 1 /dis chärj, dis ˌchärj/ vt 1: to release from an obligation: as a: to relieve of a duty under an instrument (as a contract or a negotiable instrument); also: to render (an instrument) no longer enforceable a formal instrument...may… …   Law dictionary

• discharge — (1) The action of releasing a lien or the document in which the creditor relinquishes a lien. Also known as a satisfaction, a release, a reconveyance, or an extinguishment. However, release tends to be used in connection with both real and… …   Financial and business terms

• discharge — To release; liberate; annul; unburden; disincumber; dismiss. To extinguish an obligation (e.g. a person s liability on an instrument); terminate employment of person; release, as from prison, confinement or military service. Discharge is a… …   Black's law dictionary

• discharge — To release; liberate; annul; unburden; disincumber; dismiss. To extinguish an obligation (e.g. a person s liability on an instrument); terminate employment of person; release, as from prison, confinement or military service. Discharge is a… …   Black's law dictionary

• restitution — res·ti·tu·tion /ˌres tə tü shən, tyü / n 1 a: a restoration of something to its rightful owner b: a making good of or giving an equivalent for some injury 2 a: the equitable remedy of restoring to an aggrieved party that which was obtained in… …   Law dictionary

• compensation — com·pen·sa·tion /ˌkäm pən sā shən/ n 1: the act of compensating 2 in the civil law of Louisiana: the ending of mutual obligations between two people for money or quantities of fungible things usu. by operation of law but sometimes by an agreement …   Law dictionary

• DIVORCE — (Heb. גֵּרוּשִׁין), the formal dissolution of the marriage bond. IN THE BIBLE Divorce was accepted as an established custom in ancient Israel (cf. Lev. 21:7, 14; 22:13; Num. 30:10; Deut. 22:19, 29). In keeping with the other cultures of the Near… …   Encyclopedia of Judaism

• CONDITIONS — (Heb. תְּנָאִים, tena im). Definition Conditions is an ambiguous word inasmuch as it refers not only to the external factors upon which the existence of an agreement is made to depend but also to the actual terms of the contract itself. Thus, one …   Encyclopedia of Judaism

• novation — (1) The substitution of an existing debt with a newer debt. (2) An agreement to substitute an existing party to a contract with a new party. All of the original parties to the contract must agree to the substitution. American Banker Glossary… …   Financial and business terms

• novation — Satisfaction and discharge of existing contractual obligations by means of their replacement by new obligations (whose effect, for example, is to replace gross with net payment obligations). The parties to the new obligations may be the same as… …   Euroclear glossary

• insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… …   Universalium