debt, action of

debt, action of
One of the oldest common-law forms of action available to private litigants seeking to collect what is owed to them because of a harm done to them by another.

Dictionary from West's Encyclopedia of American Law. 2005.


debt, action of
One of the oldest common-law forms of action available to private litigants seeking to collect what is owed to them because of a harm done to them by another.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

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  • action of debt — debt 2 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. action of debt …   Law dictionary

  • action for an agreed sum — Also known as action for the price. A debt action under which the rules on remoteness and causation are irrelevant. The claimant need only prove that the debt is due. Practical Law Dictionary. Glossary of UK, US and international legal terms. www …   Law dictionary

  • action for the price — action for an agreed sum Also known as action for the price. A debt action under which the rules on remoteness and causation are irrelevant. The claimant need only prove that the debt is due. Practical Law Dictionary. Glossary of UK, US and… …   Law dictionary

  • action — ac·tion n [Latin actio legal proceeding, from agere to do, carry out, initiate legal proceedings] 1 a: a judicial proceeding for the enforcement or protection of a right, the redress or prevention of a wrong, or the punishment of a public offense …   Law dictionary

  • debt — n [Old French dette, ultimately from Latin debita, plural of debitum debt, from neuter of debitus, past participle of debere to owe] 1: something owed: as a: a specific sum of money or a performance due another esp. by agreement (as a loan… …   Law dictionary

  • Debt deflation — is a theory of economic cycles, which holds that recessions and depressions are due to the overall level of debt shrinking (deflating): the credit cycle is the cause of the economic cycle. The theory was developed by Irving Fisher following the… …   Wikipedia

  • Debt evasion — is the intentional act of trying to avoid attempts by creditors to collect or pursue one s debt. At an elementary level, this includes the refusal to answer one s phone by screening one s calls or by ignoring mailed notices informing the debtor… …   Wikipedia

  • Debt — Debt, n. [OE. dette, F. dette, LL. debita, fr. L. debitus owed, p. p. of debere to owe, prop., to have on loan; de + habere to have. See {Habit}, and cf. {Debit}, {Due}.] 1. That which is due from one person to another, whether money, goods, or… …   The Collaborative International Dictionary of English

  • Debt of nature — Debt Debt, n. [OE. dette, F. dette, LL. debita, fr. L. debitus owed, p. p. of debere to owe, prop., to have on loan; de + habere to have. See {Habit}, and cf. {Debit}, {Due}.] 1. That which is due from one person to another, whether money, goods …   The Collaborative International Dictionary of English

  • Action démocratique du Québec — Leader Gérard Deltell President …   Wikipedia

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