Indebtedness

Legal Definition and Related Resources of Indebtedness

Meaning of Indebtedness

A word of large meaning. It is used to denote almost every kind of pecuniary obligation originating in contract. 12 R. L 179. The state of being in debt, without regard to the ability or inability of the party to pay the same. See 1 Story, Eq. Jur. 343; 2 Hill, Abr. 421. But in order to create an indebtedness, there must be an actual liability at the time, either to pay then or at a future time. If, for example, a person were to enter and become surety for another, who enters into a rule of reference, he does not thereby become a debtor to the opposite party until the rendition of the judgment on the award. 1 Mass. 134. See Debt.

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Indebtedness in the Dictionary Indebtedness in our legal dictionaries
Browse the Legal Thesaurus Find synonyms and related words of Indebtedness
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Related topics Indebtedness in the World Encyclopedia of Law

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This definition of Indebtedness is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.

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Topic Map A group of names, occurrences and associations
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https://legaldictionary.lawin.org/indebtedness/ The URI of Indebtedness (more about URIs)

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Legal English Vocabulary: Indebtedness in Spanish

Online translation of the English legal term indebtedness into Spanish: endeudamiento (English to Spanish translation) . More about legal dictionary from english to spanish online.

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See Also

  • Finance
  • Consumer Credit
  • Negotiable Instrument
  • Securities
  • Financial Regulation
  • Corporate Finance

Hierarchical Display of Indebtedness

Finance > Financial institutions and credit > Credit > Borrowing
Trade > Consumption > Consumption > Household consumption
Law > Civil law > Civil law > Contract > Guarantee > Financial solvency
Law > Civil law > Civil law > Law of obligations > Debt

Meaning of Indebtedness

Overview and more information about Indebtedness

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Translation of Indebtedness

Thesaurus of Indebtedness

Finance > Financial institutions and credit > Credit > Borrowing > Indebtedness
Trade > Consumption > Consumption > Household consumption > Indebtedness
Law > Civil law > Civil law > Contract > Guarantee > Financial solvency > Indebtedness
Law > Civil law > Civil law > Law of obligations > Debt > Indebtedness

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