satisfy an obligation

  • 21Alms and Almsgiving — • Any material favour done to assist the needy, and prompted by charity Catholic Encyclopedia. Kevin Knight. 2006. Alms and Almsgiving     Alms and Almsgiving      …

    Catholic encyclopedia

  • 22Duty — (Roget s Thesaurus) < N PARAG:Duty >N GRP: N 1 Sgm: N 1 duty duty what ought to be done moral obligation accountableness liability onus responsibility Sgm: N 1 bounden duty bounden duty imperative duty Sgm: N 1 call call …

    English dictionary for students

  • 23distrain — dis·train /di strān/ vb [Anglo French destreindre, literally, to constrict, force, from Old French, from Late Latin distringere to hinder, punish, from Latin, to pull in different directions, distract, from dis apart + stringere to draw tight] vt …

    Law dictionary

  • 24Visit ad Limina — • The obligation incumbent on certain members of the hierarchy of visiting, the thresholds of the Apostles , Sts. Peter and Paul, and of presenting themselves before the pope to give an account of the state of their dioceses Catholic Encyclopedia …

    Catholic encyclopedia

  • 25suretyship — The relationship among three parties whereby one person (the surety) guarantees payment of a debtor s debt owed to a creditor or acts as a co debtor. Generally speaking, the relation which exists where one person has undertaken an obligation and… …

    Black's law dictionary

  • 26lien — / lēn/ n [Anglo French, bond, obligation, literally, tie, band, from Old French, from Latin ligamen, from ligare to bind]: a charge or encumbrance upon property for the satisfaction of a debt or other duty that is created by agreement of the… …

    Law dictionary

  • 27deficiency — de·fi·cien·cy /di fi shən sē/ n pl cies: an amount that is lacking or inadequate: as a: the difference between the amount of tax owed and the amount of tax paid b: the difference between the amount owed under a security agreement and the amount… …

    Law dictionary

  • 28exoneration — /agzonareyshan/ The removal of a burden, charge, responsibility, or duty. Right to be reimbursed by reason of having paid that which another should be compelled to pay while indemnity generally is based upon contract, express or implied, and… …

    Black's law dictionary

  • 29exoneration — /agzonareyshan/ The removal of a burden, charge, responsibility, or duty. Right to be reimbursed by reason of having paid that which another should be compelled to pay while indemnity generally is based upon contract, express or implied, and… …

    Black's law dictionary

  • 30security interest — Interest in property obtained pursuant to security agreement. In re Wilson, Bkrtcy.Pa., 25 B.R. 61, 63. A form of interest in property which provides that the property may be sold on default in order to satisfy the obligation for which the… …

    Black's law dictionary