Legal Definition and Related Resources of Composition
Meaning of Composition
The elements or parts as a whole that make up a thing and their relation to each other . A literary, artistic or musical production and a general structure of arrangement or style of a work of art. A contract between a debtor and his creditors by which the debtor obtains a settlement of claims against him by paying an agreed sum into court for distribution to such creditors by order of court. In Re Goldberg (D. C.N.Y.)97 F. Supp. 75. under bankruptcy Act, a proceeding wherein a debtor settles indebtedness in agreed amount which is less than the amount owed. In Re Mahalev (D.C.Cal.) 187 F. Supp. 229.
Composition Alternative Definition
An agreement, made upon a sufficient consideration, between a debtor and creditor, by which the creditor accepts part of the debt due to him in satisfaction of the whole. Generally applied to agreements between a debtor and several or all of his creditors. In Ancient Law, Compensation for crime; weregild.
Financial Definition of Composition
Voluntary arrangement to restructure a firm’s debt, under which payment is reduced.
Synonyms of Composition
(Agreement in bankruptcy), noun
- agreement
- arrangement
- clearance
- compact
- compromise agreement
- contract
- discharge
- liquidation
- mutual agreement
- mutual concession
- payment in lieu
- reciprocal concession
- release
- settlement
- settlement by mutual agreement
- settlement on account
- Associated Concepts: composition agreement
- composition in bankruptcy
- contract of composition
- reorganization
(Makeup), noun
- arrangement
- array
- combination
- compilation
- compositio
- compounding
- comprisal
- concoction
- conformation
- constitution
- construction
- contents
- creation
- design
- efformation
- embodiment
- establishment
- fabrication
- formation
- formulation
- inclusion
- manufacture
- nature
- organization
- preparation
- production
- structure
- synthesis
- union
Related Entries of Composition in the Encyclopedia of Law Project
Browse or run a search for Composition in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.
Composition in Historical Law
You might be interested in the historical meaning of this term. Browse or search for Composition in Historical Law in the Encyclopedia of Law.
Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Composition in the Legal Abbreviations and Acronyms Dictionary.
Related Legal Terms
You might be also interested in these legal terms:
Mentioned in these terms
Combination, Combines, Compromise, , Minerals, Quality.
Browse
You might be interested in these references tools:
Resource | Description |
---|---|
Composition in the Dictionary | Composition in our legal dictionaries | Browse the Legal Thesaurus | Find synonyms and related words of Composition |
Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
Legal Answers (Q&A) | A community-driven knowledge creation process, of enduring value to a broad audience |
Related topics | Composition in the World Encyclopedia of Law |
Notice
This definition of Composition is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.
Vocabularies (Semantic Web Information)
Resource | Description |
---|---|
Topic Map | A group of names, occurrences and associations |
Topic Tree | A topic display format, showing the hierarchy |
Sitemap Index | Sitemap Index, including Taxonomies |
https://legaldictionary.lawin.org/composition/ | The URI of Composition (more about URIs) |
English Legal System: Composition
In the context of the English law, A Dictionary of Law provides the following legal concept of Composition :
An agreement between a debtor and his creditors discharging the debts in exchange for payment of a proportion of what is due. The debtor may have to register the agreement as a *deed of arrangement.
See also scheme of arrangement; voluntary arrangement.
Composition
Hierarchical Display of Composition
Business And Competition > Business organisation > Business activity > Suspension of payments
Meaning of Composition
Overview and more information about Composition
For a more comprehensive understanding of Composition, see in the general part of the online platform.[rtbs name=”xxx-xxx”]
Resources
Translation of Composition
- Spanish: Arreglo judicial
- French: Règlement judiciaire
- German: Gerichtliches Vergleichsverfahren
- Italian: Amministrazione controllata
- Portuguese: Liquidação judicial
- Polish: Ugoda sądowa
Thesaurus of Composition
Business And Competition > Business organisation > Business activity > Suspension of payments > Composition
Leave a Reply