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Appropriation :: Appropriation (n.) The application of payment of money by a debtor to his creditor, to one of several debts which are due from the former to the latter..

Cession :: Cession (n.) The voluntary surrender of a person's effects to his creditors to avoid imprisonment.

Dividend :: Dividend (n.) A sum of money to be divided and distributed; the share of a sum divided that falls to each individual; a distribute sum, share, or percentage; -- applied to the profits as appropriated among shareholders, and to assets as apportioned among creditors; as, the dividend of a bank, a railway corporation, or a bankrupt estate..

Defraud :: Defraud (v. t.) To deprive of some right, interest, or property, by a deceitful device; to withhold from wrongfully; to injure by embezzlement; to cheat; to overreach; as, to defraud a servant, or a creditor, or the state; -- with of before the thing taken or withheld..

Garnishee :: Garnishee (n.) One who is garnished; a person upon whom garnishment has been served in a suit by a creditor against a debtor, such person holding property belonging to the debtor, or owing him money..

Satisfy :: Satisfy (a.) To pay to the extent of claims or deserts; to give what is due to; as, to satisfy a creditor..

Bilk :: Bilk (n.) A person who tricks a creditor; an untrustworthy, tricky person..

Hypothecation :: Hypothecation (n.) The act or contract by which property is hypothecated; a right which a creditor has in or to the property of his debtor, in virtue of which he may cause it to be sold and the price appropriated in payment of his debt. This is a right in the thing, or jus in re..

Subrotund :: Subrogation (n.) The substitution of one person in the place of another as a creditor, the new creditor succeeding to the rights of the former; the mode by which a third person who pays a creditor succeeds to his rights against the debtor..

Debtor :: Debtor (n.) One who owes a debt; one who is indebted; -- correlative to creditor.

Pledge :: Pledge (n.) The transfer of possession of personal property from a debtor to a creditor as security for a debt or engagement; also, the contract created between the debtor and creditor by a thing being so delivered or deposited, forming a species of bailment; also, that which is so delivered or deposited; something put in pawn..

Assignee :: Assignee (v.) In England, the persons appointed, under a commission of bankruptcy, to manage the estate of a bankrupt for the benefit of his creditors..

Assignment :: Assignment (n.) The transfer of the property of a bankrupt to certain persons called assignees, in whom it is vested for the benefit of creditors..

Compensation :: Compensation (n.) The extinction of debts of which two persons are reciprocally debtors by the credits of which they are reciprocally creditors; the payment of a debt by a credit of equal amount; a set-off.

Debtee :: Debtee (n.) One to whom a debt is due; creditor; -- correlative to debtor.

Extension :: Extension (v. t.) A written engagement on the part of a creditor, allowing a debtor further time to pay a debt..

Assets :: Assets (n. pl.) Property of a deceased person, subject by law to the payment of his debts and legacies; -- called assets because sufficient to render the executor or administrator liable to the creditors and legatees, so far as such goods or estate may extend..

Creditor :: Creditor (n.) One who gives credit in business matters; hence, one to whom money is due; -- correlative to debtor..

Readjuster :: Readjuster (n.) One who, or that which, readjusts; in some of the States of the United States, one who advocates a refunding, and sometimes a partial repudiation, of the State debt without the consent of the State's creditors..

Settle :: Settle (v. i.) To adjust differences or accounts; to come to an agreement; as, he has settled with his creditors..

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