debtor's deposit
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deposit account control agreement — (DACA) USA The agreement in which a debtor, secured party, and bank maintaining the deposit account have agreed that the bank will comply with instructions originated by the secured party directing disposition of the funds in the deposit account… … Law dictionary
deposit — de·pos·it 1 /di pä zət/ vt 1: to place for safekeeping or as security may deposit the property with the court; esp: to put in a bank account 2 in the civil law of Louisiana: to place (movable property) under a deposit the depository can not make… … Law dictionary
Debtor-in-possession financing — or DIP financing is a special form of financing provided for companies in financial distress or under Chapter 11 bankruptcy process. Usually, this security is more senior than debt, equity, and any other securities issued by a company. It gives a … Wikipedia
debtor — a person or business who owes money (1) A party who owes money or other performance to another party. Under the UCC, debtor includes the seller of accounts or chattel paper. (2) For the purposes of UCC provisions dealing with collateral, debtor… … Financial and business terms
security deposit — n: money provided by a tenant to a landlord to secure performance of a rental agreement or compensate for possible loss or damage Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. security deposit … Law dictionary
Korea Deposit Insurance Corporation — The Korea Deposit Insurance Corporation (KDIC) is a deposit insurance corporation, established in 1996 in South Korea to protect depositors and maintain the stability of the financial system. The major functions of KDIC can be classified into… … Wikipedia
special deposit — A deposit delivered into the possession of a bank to be kept separate and distinct from the general assets of the bank and to be returned or delivered intact on demand, the title to the thing deposited remaining in the depositor. 10 Am J2d Banks… … Ballentine's law dictionary
bank deposit — A contractual relationship ensuing from the delivery, by one known as the depositor, of money, funds, or even things into the possession of the bank, which receives the same upon the agreement to pay, repay, or return, upon the order or demand of … Ballentine's law dictionary
certificate of deposit — A written acknowledgment by a bank or banker on the receipt of a sum of money on deposit which the bank or banker promises to pay to the depositor, to the order of the depositor, or to some other person or to his order, whereby the relation of… … Ballentine's law dictionary
property of the estate — All legal and equitable interests of the debtor in property as of the petition date (SA Bankruptcy.com) The property that is not exempt and belongs to the bankruptcy estate. Property of the estate is usually sold by the trustee and the claims of… … Glossary of Bankruptcy
Chapter 7, Title 11, United States Code — Bankruptcy in the United States Bankruptcy in the United States Authority · History U.S. Trustee Court … Wikipedia
