&
A B C D E F G H I J L M N O P Q R S T U V W Z
OA OF OR OV
selected terms: 12 page 1 of 1
Oath
"A solid affirmation to tell the truth, oftentimes sworn in front of a Notary or Commissioner for Taking Oaths. "
Official Receiver
A person deemed to be an officer of the Court who reports to the Superintendent of Bankruptcy and performs duties as specified by the Bankruptcy and Insolvency Act.
ORDER
"A document or written decision, made by a judge, that may be enforced by the court."
Order
A command of a Court or Judge.
Order Absolute
A judgment or decree that is free from restriction or limitation.
Order Nisi
"A judgment or decree that will become final on a particular date unless set aside or invalidated by certain specified contingencies. In mortgage foreclosure actions, it is the order More…
ORDER OF DISPOSITION
"A form prescribed under the Young Offenders Act and issued by the Youth Court which confirms the disposition imposed on a child under 18 years of age who has been found guilty of an More…
Order of Sale
"Legal status pursuant to a Court Order whereby a person can obtain the authority to arrange a sale, subject to Court approval, with the sale proceeds being available to satisfy valid More…
Orderly Payment of Debts
A scheme governed by Provincial Court to allow a debtor to pay his debts in accordance with the sections under Part X of the Bankruptcy and Insolvency Act.
Ordinary Creditor
A general creditor with no priority or security.
Overheads
"These are the costs involved in running a business. They consist entirely of expense accounts (eg. rent, insurance, petrol, gas, staff wages etc.). "
Overturn
"Upset or change around; e.g., if certain security is proven to be invalid."
Cred-O-Pedia Glossary of Credit Learning
top of page
© 2017 Admin User