Executory

  • 111Bankruptcy in the United States — The United States Constitution (Article 1, Section 8, Clause 4) authorizes Congress to enact uniform Laws on the subject of Bankruptcies throughout the United States. Congress has exercised this authority several times since 1801, most recently… …

    Wikipedia

  • 112bequest — be·quest /bi kwest/ n: an act of bequeathing; also: something bequeathed: legacy de·mon·stra·tive bequest /di män strə tiv /: a bequest of a particular amount of money or property to be distributed first from one source in the estate and then… …

    Law dictionary

  • 113conditional bequest — In a will, a gift that will occur only if a stated condition is met. For example, a will clause that says I give my house to my daughter Sarah if she is married. Category: Wills, Trusts & Estates → Wills Nolo’s Plain English Law Dictionary.… …

    Law dictionary

  • 114devise — de·vise 1 /di vīz/ vt de·vised, de·vis·ing [Anglo French deviser to divide, share, bequeath, ultimately from Latin dividere to divide]: to give (property) by will; specif: to give (real property) by will compare alienate, bequeath, convey …

    Law dictionary

  • 115interest — in·ter·est / in trəst; in tə rəst, ˌrest/ n [probably alteration of earlier interesse, from Anglo French, from Medieval Latin, from Latin, to be between, make a difference, concern, from inter between, among + esse to be] 1: a right, title, claim …

    Law dictionary

  • 116future interest — noun In property law and real estate, a legal right to property ownership which will vest in the future, but which does not include the right to present possession or enjoyment of the property. See Also: contingent remainder, executory interest …

    Wiktionary

  • 117South African contract law — is essentially a modernised version of the Roman Dutch law of contract, [1] which is itself rooted in Roman law. In the broadest definition, a contract is an agreement entered into by two or more parties with the serious intention of creating a… …

    Wikipedia

  • 118trust — A fiduciary relationship calling for a trustee to hold the title to assets for the benefit of the beneficiary. The person creating the trust, who may or may not also be the beneficiary, is called the grantor. Bloomberg Financial Dictionary See… …

    Financial and business terms

  • 119sale — A contract between two parties, called, respectively, the seller (or vendor) and the buyer (or purchaser), by which the former, in consideration of the payment or promise of payment of a certain price in money, transfers to the latter the title… …

    Black's law dictionary

  • 120via ordinaria; via executiva — /vaya 6rdaner(i)ya; vaya agzekyatayva/ In the law of Louisiana, the former phrase means in the ordinary way or by ordinary process, the latter means by executory process or in an executory proceeding. A proceeding in a civil action is ordinary… …

    Black's law dictionary