- heritable obligation
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heritable obligation see obligation
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
heritable obligation
Look at other dictionaries:
obligation — ob·li·ga·tion /ˌä blə gā shən/ n 1: a promise, acknowledgment, or agreement (as a contract) that binds one to a specific performance (as payment); also: the binding power of such an agreement or indication held that the amendment did not… … Law dictionary
obligation — A generic word, derived from the Latin substantive obligatio, having many, wide, and varied meanings, according to the context in which it is used. That which a person is bound to do or forbear; any duty imposed by law, promise, contract,… … Black's law dictionary
heritable bond — noun or heritable security Scots law : a form of bond or obligation carrying a yearly profit, secured upon land, treated as heritable, and now essentially like the English and American mortgage of real property … Useful english dictionary
heritable security — The pledge of an inheritance as security for the fulfillment of an obligation … Ballentine's law dictionary
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