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Asylum :: Asylum (n.) A sanctuary or place of refuge and protection, where criminals and debtors found shelter, and from which they could not be forcibly taken without sacrilege..

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

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..

Abscond :: Abscond (v. i.) To depart clandestinely; to steal off and secrete one's self; -- used especially of persons who withdraw to avoid a legal process; as, an absconding debtor..

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.

Dun :: Dun (n.) An urgent request or demand of payment; as, he sent his debtor a dun..

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..

Debit :: Debit (v. t.) To enter on the debtor (Dr.) side of an account; as, to debit the amount of goods sold..

Extent :: Extent (n.) A process of execution by which the lands and goods of a debtor are valued and delivered to the creditor.

Empower :: Empower (v. t.) To give authority to; to delegate power to; to commission; to authorize (having commonly a legal force); as, the Supreme Court is empowered to try and decide cases, civil or criminal; the attorney is empowered to sign an acquittance, and discharge the debtor..

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..

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..

Seize :: Seize (v. t.) To take possession of by virtue of a warrant or other legal authority; as, the sheriff seized the debtor's goods..

Trustee :: Trustee (v. t.) To attach (a debtor's wages, credits, or property in the hands of a third person) in the interest of the creditor..

Peon :: Peon (n.) A day laborer; a servant; especially, in some of the Spanish American countries, debtor held by his creditor in a form of qualified servitude, to work out a debt..

Debit :: Debit (n.) A debt; an entry on the debtor (Dr.) side of an account; -- mostly used adjectively; as, the debit side of an account..

Hypotheca :: Hypotheca (n.) An obligation by which property of a debtor was made over to his creditor in security of his debt.

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

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

Recoverable :: Recoverable (a.) Capable of being recovered or regained; capable of being brought back to a former condition, as from sickness, misfortune, etc.; obtainable from a debtor or possessor; as, the debt is recoverable; goods lost or sunk in the ocean are not recoverable..

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