D

The balance of a loan which declines with every payment. Can also refer to appreciation or any other gradual reduction. … [Read more...] about DECLINING BALANCE

A sum of money due by certain and express agreement; as by bond for a determinate sum, a bill or note, a special bargain, or a rent reserved on a lease, where the amount is fixed and specific, and does not depend upon any subsequent valuation to settle it. 3 Bl. Comm. 154; Camden v. Allen, 26 N. J. Law, 398; Appeal of City of Erie, 91 Pa. 398; Dickey v. Leonard, 77 Ga. 151; … [Read more...] about DEBT

(noun) - Death; departure from life, not including civil death, (see DEATH.)(verb) - To die; to depart life, or from life. This has always been a common term in Scotch law. … [Read more...] about DECEASE

The transfer of debt or debt accounts from a creditor to a third party so as to absolve the debt account owner from debt to the third party. An assignment of debt accounts. … [Read more...] about DEBT ASSIGNMENT

A person who has died. See decedent. … [Read more...] about DECEASED