Indebtedness in United States

Indebtedness Definition

A word of large meaning. It is used to denote almost every kind of pecuniary obligation originating in contract. 12 R. L 179. The state of being in debt, without regard to the ability or inability of the party to pay the same. See 1 Story, Eq. Jur. 343; 2 Hill, Abr. 421. But in order to create an indebtedness, there must be an actual liability at the time, either to pay then or at a future time. If, for example, a person were to enter and become surety for another, who enters into a rule of reference, he does not thereby become a debtor to the opposite party until the rendition of the judgment on the award. 1 Mass. 134. See Debt.

Indebtedness in Foreign Legal Encyclopedias

Link	Description
Indebtedness	Indebtedness in the World Legal Encyclopedia.
Indebtedness	Indebtedness in the European Legal Encyclopedia.
Indebtedness	Indebtedness in the Asian Legal Encyclopedia.
Indebtedness	Indebtedness in the UK Legal Encyclopedia.
Indebtedness	Indebtedness in the Australian Legal Encyclopedia.

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Browse the American Encyclopedia of Law for Indebtedness

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Link	Description
Indebtedness	Indebtedness in the Family Law Portal of the American Encyclopedia of Law.
Indebtedness	Indebtedness in the IP Portal of the American Encyclopedia of Law.
Indebtedness	Indebtedness in the Commercial Law Portal of the American Encyclopedia of Law.
Indebtedness	Indebtedness in the Criminal Law Portal of the American Encyclopedia of Law.
Indebtedness	Indebtedness in the Antritrust Portal of the American Encyclopedia of Law.
Indebtedness	Indebtedness in the Bankruptcy Law Portal of the American Encyclopedia of Law.
Indebtedness	Indebtedness in the Constitutional Law Portal of the American Encyclopedia of Law.
Indebtedness	Indebtedness in the Tax Law Portal of the American Encyclopedia of Law.
Indebtedness	Indebtedness in the and Finance and Banking Portal of the American Encyclopedia of Law.
Indebtedness	Indebtedness in the Employment and Labor Portal of the American Encyclopedia of Law.
Indebtedness	Indebtedness in the Personal Injury and Tort Portal of the American Encyclopedia of Law.
Indebtedness	Indebtedness in the Environmental Law Portal of the American Encyclopedia of Law.

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Indebtedness in the Dictionaries	Indebtedness in our legal dictionaries
http://lawi.us/indebtedness	The URI of Indebtedness (more about URIs)
Indebtedness related entries	Find related entries of Indebtedness

Legal Issue for Attorneys

A word of large meaning. It is used to denote almost every kind of pecuniary obligation originating in contract. 12 R. L 179. The state of being in debt, without regard to the ability or inability of the party to pay the same. See 1 Story, Eq. Jur. 343; 2 Hill, Abr. 421. But in order to create an indebtedness, there must be an actual liability at the time, either to pay then or at a future time. If, for example, a person were to enter and become surety for another, who enters into a rule of reference, he does not thereby become a debtor to the opposite party until the rendition of the judgment on the award. 1 Mass. 134. See Debt.

Notice

This definition of Indebtedness is based on The Cyclopedic Law Dictionary. This entry needs to be proofread.

Indebtedness in State Statute Topics

Introduction to Indebtedness (State statute topic)

The purpose of Indebtedness is to provide a broad appreciation of the Indebtedness legal topic. Select from the list of U.S. legal topics for information (other than Indebtedness).

Indebtedness