equitable assets

  • 1equitable assets — noun plural : assets that are charged with or have become a fund for the payment of debts only by operation of equity; specifically : assets charged with the payment of debts by a debtor that would be exempted by law (as real estate of a… …

    Useful english dictionary

  • 2equitable assets — Rights or interests, which may be either real or personal, but require the aid of the court of equity for their subjection. Agee v Saunders, 127 Tenn 680, 157 SW 64. Lands or personalty in which a debtor has an equitable estate or interest, so… …

    Ballentine's law dictionary

  • 3assets — I noun available means, belongings, bona, capital, chattels, effects, estate, funds, goods, holdings, inventories, money, pecuniary resources, personal effects, personal resources, possessions, principal, property, reserves, resources, riches,… …

    Law dictionary

  • 4Equitable — Eq ui*ta*ble, a. [F. [ e]quitable, from [ e]quit[ e]. See {Equity}.] 1. Possessing or exhibiting equity; according to natural right or natural justice; marked by a due consideration for what is fair, unbiased, or impartial; just; as, an equitable …

    The Collaborative International Dictionary of English

  • 5equitable — Just; conformable to the principles of justice and right. Existing in equity; available or sustainable by action in equity, or upon the rules and principles of equity. See equitable action. As to equitable assets equitable construction equitable… …

    Black's law dictionary

  • 6equitable — Just; conformable to the principles of justice and right. Existing in equity; available or sustainable by action in equity, or upon the rules and principles of equity. See equitable action. As to equitable assets equitable construction equitable… …

    Black's law dictionary

  • 7assets — /aesets/ Property of all kinds, real and personal, tangible and intangible, including, inter alia, for certain purposes, patents and causes of action which belong to any person including a corporation and the estate of a decedent. The entire… …

    Black's law dictionary

  • 8assets — /aesets/ Property of all kinds, real and personal, tangible and intangible, including, inter alia, for certain purposes, patents and causes of action which belong to any person including a corporation and the estate of a decedent. The entire… …

    Black's law dictionary

  • 9equitable distribution — n: the distribution of marital assets by a court in a divorce action in accordance with statutory guidelines that are designed to produce a fair but not necessarily equal division of the property Merriam Webster’s Dictionary of Law. Merriam… …

    Law dictionary

  • 10equitable subordination — the lowering of priority of a claim because the holder of the claim is found to be guilty of some kind of improper conduct (Glossary of Common Bankruptcy Terms) The action by which a court postpones payment to one creditor until others are paid.… …

    Glossary of Bankruptcy