tools of trade

tools of trade
   in bankruptcy law, the equipment a person requires in order to pursue his occupation, which is exempt from claims of creditors. They are also generally exempt from attachment by judgment creditors since it is important for a person to earn an income to support the family and pay creditors.
   See also: bankruptcy

Law dictionary. . 2013.

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  • Tools of trade — The tools of trade are a term generally used in bankruptcy law to determine what property a person would commonly use for the purpose of making a living, as items that are tools of trade are separately exempt from attachment with an additional… …   Wikipedia

  • tools of trade — Instruments or implements used in the trade, occupation, business, or profession of the owner. 31 Am J2d Exemp §§ 51 et seq. As to whether a motor vehicle is exempt from execution as a tool of a trade, calling, business, or profession, see Anno:… …   Ballentine's law dictionary

  • trade — n 1 Trade, craft, handicraft, art, profession are general terms which designate a pursuit followed as an occupation or means of livelihood and requiring technical knowledge and skill. Trade is applied chiefly to pursuits involving skilled manual… …   New Dictionary of Synonyms

  • (the) tools of trade — the tools of the/(your) trade the things that you need to use in order to do a job. For the modern sales executive, a car phone is one of the tools of the trade …   New idioms dictionary

  • Tools of the Trade — EP Carcass …   Википедия

  • Tools of the Trade — EP von Carcass Veröffentlichung 23. Juni 1992 Label Earache Records …   Deutsch Wikipedia

  • tools of the/your trade — see ↑trade, 1 • • • Main Entry: ↑tool tools of the/your trade : a set of tools or skills that are necessary for a particular kind of job or work She showed me her paints, brushes, and the other tools of her trade. When you work with young… …   Useful english dictionary

  • tools of the trade — The items a person needs to pursue his or her occupation. Many state laws provide that tools of the trade are exempt property that is, they may not be seized by creditors or by the trustee in a bankruptcy case either entirely or up to a certain… …   Law dictionary

  • Trade in Maya civilization — Maya civiliz …   Wikipedia

  • Tools of the Trade — Infobox Album | Name = Tools of the Trade Type = ep Artist = Carcass Released = 1992 Recorded = Genre = Death metal, goregrind Length = Label = Earache Records Producer = Colin Richardson Reviews = *Allmusic Rating|3|5… …   Wikipedia

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