common law, contracts. The ability to borrow, on the opinion conceived by the lender that he will be repaid. This definition includes the effect and the immediate cause of credit. The debt due in consequence of such a contract is also called a credit; as, administrator of an the goods, chattels, effects and credits 2. The time extended for the payment of goods sold, is also … [Read more...]

There are three major credit bureaus, Equifax, Experian and Trans Union, regulated by the federal Fair Credit Reporting Act, that collect and sell information about the credit history of people and entities. The credit reports are used by banks and credit card companies (and others in the practice of lending) to screen applications for reliability and ability to pay debts. … [Read more...]

Covered protected sheltered. A pound covert is one that is close or covered over as distinguished from pound overt p which is open overhead. Closed, confidential or secret. A covert operation. … [Read more...]

In old English law. A word of disgrace and obloquy, pronounced on either champion, in the ancient trial by battle, proving recreant, t. e., yielding. Glanville (alls it "infestum et inverecundum verbum" His condemnation was amittere liberam legem, i.e.t to become infamous, and not to be accounted liber et legalis homo, being suprised by the event to have been proved forsworn, … [Read more...]

A wife; so called, from her being under the cover or protection of her husband, baron or lord. … [Read more...]