discharge of a guarantor


discharge of a guarantor
dismissal of a guarantor who has ceased to be liable for another's debt

English contemporary dictionary. 2014.

Look at other dictionaries:

  • guarantor`s discharge — determination that a person has ceased to be responsible for repaying another person s debt …   English contemporary dictionary

  • SURETYSHIP — (Heb. עַרְבוּת), one person s undertaking to fulfill the obligation of another toward a third person (called the arev, ḥayyav, and nosheh, respectively). In Jewish law fulfillment of an obligation is secured primarily through the assets of the… …   Encyclopedia of Judaism

  • Subrogation — is the legal technique under the common law by which one party, commonly an insurer (I X) of another party (X), steps into X s shoes, so as to have the benefit of X s rights and remedies against a third party such as a defendant (D). Subrogation… …   Wikipedia

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  • liability — The word is a broad legal term. Mayfield v. First Nat. Bank of Chattanooga, Tenn., C.C.A.Tenn., 137 F.2d 1013, 1019. It has been referred to as of the most comprehensive significance, including almost every character of hazard or responsibility,… …   Black's law dictionary

  • Sharia — Not to be confused with Shahriyār. This article is part of the series …   Wikipedia

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  • economic systems — Introduction       the way in which humankind has arranged for its material provisioning. One would think that there would be a great variety of such systems, corresponding to the many cultural arrangements that have characterized human society.… …   Universalium

  • voucher — vouch·er / vau̇ chər/ n [Anglo French, summoning of a person to guarantee title, from voucher to summon] 1: a documentary record of a business transaction 2: a written affidavit or authorization 3: a form or check indicating a credit against… …   Law dictionary


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