Become+due
41insolvency — in·sol·ven·cy /in säl vən sē/ n pl cies 1: the fact or state of being insolvent compare bankruptcy 2: insufficiency (as of an estate) to discharge all enforceable debts ◇ Insolvency matters are covered under the Bankruptcy Code. Merriam …
42acceleration clause — n: a clause (as in a loan agreement) that accelerates the date of payment in full under specified circumstances (as default by the debtor) Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. acceleration clause …
43Debt — • That which is owed or due to another; in general, anything which one person is under an obligation to pay or render to another Catholic Encyclopedia. Kevin Knight. 2006. Debt Debt …
44Bankruptcy — Notice of closure attached to the door of a computer store the day after its parent company declared bankruptcy (strictly, put into administration see text) in the United Kingdom. Bankruptcy is a legal status of an insolvent person or an… …
45Bankruptcy in Canada — The procedures and legal consequences of consumer bankruptcy in Canada are governed by Canadian federal legislation.OverviewConsumer bankruptcy is a legislative procedure under Bankruptcy and Insolvency Act ( the BIA ) *(1) complemented by… …
46Moral Aspect of Bankruptcy — Moral Aspect of Bankruptcy † Catholic Encyclopedia ► Moral Aspect of Bankruptcy (See also CIVIL ASPECT OF BANKRUPTCY.) Bankruptcy must be considered not only from the legal but also from the moral point of view; for sound morality …
47insolvent — (1) The inability to pay ones debts as they come due. (2) When one s liabilities exceed the value of one s assets. An exemption under state or federal law which protects all or a portion of the homestead (SA Bankruptcy.com) Inability of a person… …
48Treaty of Guadalupe Hidalgo — ▪ Primary Source This agreement ended the war between the United States and Mexico. It was signed on February 2, 1848, at Villa de Guadalupe Hidalgo. By its terms, the United States paid Mexico $15 million for more than 525,000 square miles …
49East Coast Main Line Route Utilisation Strategy — The East Coast Main Line Route Utilisation Strategy is a Route Utilisation Strategy (RUS), published by Network Rail in February 2008 [1][2][3] It was the seventh RUS to be produced. By default, RUSs are established by the Office of Rail… …
50Insolvency — means the inability to pay one s debts as they fall due. Usually used to refer to a business, insolvency refers to the inability of a company to pay off its debts. Business insolvency is defined in two different ways: Cash flow insolvency Unable… …
