ordinary debt
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Debt — • 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 … Catholic encyclopedia
ordinary capital — ➔ capital * * * The capital invested by shareholders who are then entitled to the remaning profits and assets after creditors and holders of the company s senior debt have been repaid. * * * ordinary capital UK US noun [U] FINANCE ► a company… … Financial and business terms
Ordinary Share Capital — Ordinary shares represent ownership in a limited liability company. Shareholders are entitled to dividends when they are declared by the company board of directors. Shareholders also have the last claim on the assets and income, after other… … Financial and business terms
Debt — For other uses, see Debt (disambiguation). Personal finance Credit and debt Pawnbroker Student loan Employment contract … Wikipedia
debt — A common law action for the recovery of a fixed and definite sum of money or for a sum of money which can be ascertained from fixed data by computation or is capable of being readily reduced to certainty. 1 Am J2d Actions § 20; that which is… … Ballentine's law dictionary
IMPRISONMENT FOR DEBT — IMPRISONMENT FOR DEBT, the imprisonment of a debtor who fails to pay his debt on or before the date due. Prevalence in Other Legal Systems Influenced by Roman law (see execution civil law), imprisonment for debt was the most common means of… … Encyclopedia of Judaism
convertible debt — Debt where the lender has the option to convert the debt into ordinary shares in the company rather than receiving repayment in cash. Dresdner Kleinwort Wasserstein financial glossary … Financial and business terms
Cancellation of Debt (COD) Income — Part of a series on Taxation Taxation in the United States … Wikipedia
United States debt-ceiling crisis — Part of a series of articles on Unit … Wikipedia
Nonrecourse debt — Non recourse debt or a non recourse loan is a secured loan (debt) that is secured by a pledge of collateral, typically real property, but for which the borrower is not personally liable. If the borrower defaults, the lender/issuer can seize the… … Wikipedia
bad debt — see debt Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. bad debt I … Law dictionary
