Word Finder - debts

definition

An action, state of mind, or object one has an obligation to perform for another, adopt toward another, or give to another.

definition

The state or condition of owing something to another.

example

I am in your debt.

definition

Money that one person or entity owes or is required to pay to another, generally as a result of a loan or other financial transaction.

definition

An action at law to recover a certain specified sum of money alleged to be due.

The debts amounted to double the value of the property.

Thus a nation which has to choose between bankruptcy and the repudiation of its debts is on the horns of a dilemma.

He'd thought to ask Darkyn about any debts owed but not about any future debts.

As much as he hated to admit it, Darkyn wasn't one to wait to claim debts owed him.

He did not know at all how much he had, what his debts amounted to, or what dowry he could give Vera.

The man was responsible for debts contracted by his wife, even before her marriage, as well as for his own; but he could use her as a mancipium.

Debts do not, as a general rule, carry interest, but such an obligation may arise either by agreement or by mercantile usage or by statute.

The development of the art of war, and the growth of a systematic taxation, are two debts which medieval Europe also owed to the Crusades.

A powerful but not disinterested ally was found in the king's uncle, Agesilaus, who hoped to rid himself of his debts without losing his vast estates.

Crime was rarely punished, and debts were not recoverable.

The politicians no longer claim that remission of debts is impossible.

During the same period the assumption of the Venetian and Roman debts, losses on the issue of loans and the accumulation of annual deficits, had caused public indebtedness to rise from 92,000,000 to 328,000,000, no less than f 100,000,000 of the latter sum having been sacrificed in premiums and commissions to bankers and underwriters of loans.

It remained in Mantegna's studio unsold at his death, and was disposed of to liquidate debts.

The homestead of a householder (with a family) who occupies it may be held exempt from sale for the collection of debts other than those for purchase-money, taxes, or improvements, or for the satisfaction of a judgment upon a forfeited recognizance or bail-bond, but a homestead so exempted is limited to $3000 in value and to 160 acres of land.

A considerable amount of personal property, including furniture, a small library, provisions, tools, agricultural implements, livestock and the proceeds of a life insurance policy, is also exempt from seizure for the satisfaction of debts.

The accumulation of debt upon it was prevented by the prohibition of interest, the release of debts every seventh year, and the reversion of the land to the proprietor, or his heirs, at each return of the year of jubilee.

There have now been recognized in the collections at Cairo, Florence, London, Paris and Bologna several Egyptian imitations of the Aegean style which can be set off against the many debts which the centres of Aegean culture owed to Egypt.

For every family in which there is a wife, a minor son, or an unmarried daughter, a homestead not exceeding $loon in value, or personal property not exceeding $500-in value, is exempt from sale for the satisfaction of debts.

Thousands must have joined the Third Crusade in order to escape paying either their taxes or the interest on their debts; and the atmosphere of the gold-digger's camp (or of the cave of Adullam) must have begun more than ever to characterize the crusading armies.

Parliament voted her £ 20,000 in 1660 for the payment of her debts, but Elizabeth did not receive the money, and on the 19th of May 1661 she left the Hague for England, in spite of the king's attempts to hinder her journey, receiving no official welcome on her arrival in London and being lodged at Lord Craven's house in Drury Lane.

Conscience Courts were local courts, established by acts of parliament in London and various provincial towns, for the recovery of small debts, usually sums under £5.

All the thoughts, words and deeds of each are entered in the book of life as separate items - all the evil works, &c., as debts.

The debt of the Republic in April 1908 was $48,146,585, including twenty-seven millions which were assumed in 1902 for the payment of the army of independence, four for agriculture, and four for the payment of revolutionary debts, and $2,196,585, representing obligations assumed by the revolution's representative in the United States during the War of Independence.

By these Cuba was bound not to incur debts her current revenues will not bear; to continue the sanitary administration undertaken by the military government of intervention; to lease naval stations (since located at Bahia Honda and Guantanamo) to the United States; and finally, the right of the United States to intervene, if necessary, in the affairs of the island was explicitly affirmed in the provision, " That the government of Cuba consents that the United States may exercise the right to intervene for the protection of Cuban independence, the maintenance of a government adequate for the protection of life, property and individual liberty, and for discharging the obligations with respect to Cuba imposed by the treaty of Paris on the United States, now to be assumed and undertaken by the government of Cuba."

In 1859 the settlement of palace debts gave rise to the issue of 1,000,000 purses of new interior bonds (esham-i jedide) spread over a period of three years, repayable in twenty-four years, and bearing interest at 6%.

Delegations (havale) are granted on the provincial treasuries for one or two years in advance, sometimes for a series of years, in order to pay pressing debts too heavy to be met in a single payment.

Now and then it has been dealt with piecemeal, when some particular class of creditors has become too pressing, but it is more than probable that the piece got rid of has been more or less rapidly replaced by fresh liabilities occasioned by budgetary deficits, or by the mere accumulation of interest on debts allowed to run on.

Laurent tells us that the present government having found it absolutely impossible to arrive at even an approximate estimate of this " occult debt," recourse was had, in order to fix it, to the creditors themselves, and a short act of parliament was passed declaring all debts prescribed which should not be claimed by a fixed date.

A homestead which is owned and occupied by a debtor as his dwelling place is exempt from seizure or sale for debts other than taxes, those secured by a mortgage on it, or those incurred for its improvement or repair, or for services performed by labourers or servants.

In 1888, a year before the republic was proclaimed, the internal and external national debts amounted to £74,000,000 sterling, with the currency at par.

The aggregate of these debts in 1904 was £20,199,440, and the several loans made during the next two years, including those of the municipalities of Rio de Janeiro, Santos, Bahia and Manaos, add fully two and a half millions more to the total.

He refused to follow the financial policy of his party in 1862, and delivered a notable speech against the passage of the Legal Tender Act, which made a certain class of treasury notes receivable for all public and private debts.

The paper notes already issued had been constituted by law legal tender for all debts, but in 1868 their power of actual purchase was only 30% compared with that of gold, and by 1870 it had fallen as low as 25%.

The financial situation in Venezuela was for a long time extremely complicated and discreditable, owing to defaults in the payment of public debts, complications arising from the guarantee of interest on railways and other public works, responsibility for damages to private property during civil wars and bad administration.

He also took a leading part in the senate in securing the passage of laws for funding the national debt, assuming the state debts and establishing a United States bank.

With Therasia (now a sister, not a wife), while leading a life of rigid asceticism, he devoted the whole of his vast wealth to the entertainment of needy pilgrims, to payment of the debts of the insolvent, and to public works of utility or ornament; besides building basilicas at Fondi and Nola, he provided the latter place with a muchneeded aqueduct.

On the contrary, so great was his respect for both that, when there was a question of selling the Medici library to pay that family's debts, he saved the collection at the expense of the convent purse.

Under the Articles of Confederation it was principally Rhode Island that defeated the proposal to authorize Congress to levy an impost duty of 5% mainly as a means of meeting the debts of the Central government.

The constitution of 1876 forbids the borrowing of money except to supply casual deficiencies of revenue (amount limited to $200,000 at a time), repel invasion, suppress insurrection, defend the state in war, or pay existing debts.

Otherwise, the wife may control her property as if single, and neither is liable for what are clearly the debts of the other.

A homestead cannot be conveyed or encumbered without the consent of both husband and wife, if held by a married man; and a homestead, to the value of $500, is exempt from liability for debts postdating the purchase, unless for improvements on the property.

The state has no bonded debt, and the constitution forbids it to incur debts exceeding in the aggregate a quarter of a million dollars, except for warlike purposes or for some single work to which the people give their consent by vote; the constitution also forbids any county or municipal corporation from incurring an indebtedness exceeding 5% of the value of its taxable property.

A householder with a family may, by recording the proper declaration in a registry of deeds, hold exempt from attachment, levy on execution, and sale for the payment of debts thereafter contracted an estate of homestead, not exceeding $800 in value, in a farm or lot with buildings thereon which he lawfully possesses by lease or otherwise and occupies as his residence.

The net debts of towns and cities rose in the years1885-1908from $63,306,213 to $ 16 3,55 8, 3 2 5.

The count y debts in 1908 aggregated $6,076,867.

Encouraged by these and other conventions in order to obstruct the collection of debts and taxes, a mob prevented a session of the Court of Common Pleas and General Sessions of the Peace at Northampton on the 29th of August, and in September other mobs prevented the same court from sitting in Worcester, Middlesex and Berkshire counties.

The organization of cities and villages is provided by the legislature, which may restrict their powers of taxation and of contracting debts and may fix salaries.

In 1829 the Safety-Fund Act was passed, which required each bank thereafter chartered or rechartered to pay into the state treasury 3% of its capital stock other than that owned by the state, and from this fund the debts of insolvent banks were to be paid.

After deducting debts owing abroad the public and private wealth of the colony is calculated to be about £270,000,000.

But after a severe struggle the publishing house failed, leaving the author charged with its very heavy debts.