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Liable :: Liable (v. t.) Bound or obliged in law or equity; responsible; answerable; as, the surety is liable for the debt of his principal..

Confession :: Confession (n.) Acknowledgment; avowal, especially in a matter pertaining to one's self; the admission of a debt, obligation, or crime..

Adjudication :: Adjudication (n.) A process by which land is attached security or in satisfaction of a debt.

Insolvency :: Insolvency (n.) The condition of being insolvent; the state or condition of a person who is insolvent; the condition of one who is unable to pay his debts as they fall due, or in the usual course of trade and business; as, a merchant's insolvency..

Discharge :: Discharge (v. t.) To throw off the obligation of, as a duty or debt; to relieve one's self of, by fulfilling conditions, performing duty, trust, and the like; hence, to perform or execute, as an office, or part..

Pipe :: Pipe (n.) A roll formerly used in the English exchequer, otherwise called the Great Roll, on which were taken down the accounts of debts to the king; -- so called because put together like a pipe..

Acquit :: Acquit (v. t.) To discharge, as a claim or debt; to clear off; to pay off; to requite..

Guaranty :: Guaranty (n.) In law and common usage: An undertaking to answer for the payment of some debt, or the performance of some contract or duty, of another, in case of the failure of such other to pay or perform; a guarantee; a warranty; a security..

Attach :: Attach (v. t.) To take by legal authority: (a) To arrest by writ, and bring before a court, as to answer for a debt, or a contempt; -- applied to a taking of the person by a civil process; being now rarely used for the arrest of a criminal. (b) To seize or take (goods or real estate) by virtue of a writ or precept to hold the same to satisfy a judgment which may be rendered in the suit. See Attachment, 4..

Pay :: Pay (v. i.) To give a recompense; to make payment, requital, or satisfaction; to discharge a debt..

Alsatian :: Alsatian (n.) An inhabitant of Alsatia or Alsace in Germany, or of Alsatia or White Friars (a resort of debtors and criminals) in London..

Del Credere :: Del credere () An agreement by which an agent or factor, in consideration of an additional premium or commission (called a del credere commission), engages, when he sells goods on credit, to insure, warrant, or guarantee to his principal the solvency of the purchaser, the engagement of the factor being to pay the debt himself if it is not punctually discharged by the buyer when it becomes due..

Clear :: Clear (superl.) Free from impediment or obstruction; unobstructed; as, a clear view; to keep clear of debt..

Clear :: Clear (v. t.) To free from impediment or incumbrance, from defilement, or from anything injurious, useless, or offensive; as, to clear land of trees or brushwood, or from stones; to clear the sight or the voice; to clear one's self from debt; -- often used with of, off, away, or out..

Claim :: Claim (n.) A right to claim or demand something; a title to any debt, privilege, or other thing in possession of another; also, a title to anything which another should give or concede to, or confer on, the claimant..

Neglect :: Neglect (adv.) Not to attend to with due care or attention; to forbear one's duty in regard to; to suffer to pass unimproved, unheeded, undone, etc.; to omit; to disregard; to slight; as, to neglect duty or business; to neglect to pay debts..

Extent :: Extent (n.) A peculiar species of execution upon debts due to the crown, under which the lands and goods of the debtor may be seized to secure payment..

Specialty :: Specialty (n.) A contract or obligation under seal; a contract by deed; a writing, under seal, given as security for a debt particularly specified..

Term :: Term (n.) A space of time granted to a debtor for discharging his obligation.

Fund :: Fund (v. t.) To put into the form of bonds or stocks bearing regular interest; as, to fund the floating debt..

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