A bank card that combines the function of a standard bank/automated teller/ATM card and checking. It can be used to withdraw money from a bank or from checking, similar to an electronic check as products and services purchased can be withdrawn directly from a checking account. Debit cards are regulated by the Electronic Funds Transfer Act. … [Read more...] about DEBIT CARD
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DEBT RELIEF AGENCY
A person or group of persons who provide advice and assistance to persons filing or considering filing for bankruptcy. Legal statutes govern the conduct and set requirements for debt relief agencies. … [Read more...] about DEBT RELIEF AGENCY
DEBITA FUNDI
Lat. In Scotch law. Debts secured upon land. Ersk. Inst. 4, 1, 11. … [Read more...] about DEBITA FUNDI
DEBT SERVICE
The payment of principal and interest upon a debt. … [Read more...] about DEBT SERVICE
DEBITA LAICORUM
Lat. In old English law. Debts of the laity, or of lay persons. Debts recoverable in the civil courts were anciently so called. Crabb, Eng. Daw, 107. Debita gequnntur personam, debitorls. Debts follow the person of the debtor; that is, they have no locality, and may be collected wherever the debtor can be found. 2 Kent, Comm. 429; Story, Confl. Laws, … [Read more...] about DEBITA LAICORUM