In the civil law. A person who assumes the debt of another, and becomes solely liable for it by a stipulation with the creditor. He differs from a surety, inasmuch as this contract is one of novation, while a surety is jointly liable with his principal. Mackeld. Rom. Law, … [Read more...]
EXTENT
In English practice. A writ of execution issuing from the exchequer upon a debt due the crown, or upon a debt due a private person, if upon recognizance or statute merchant or staple, by which the sheriff is directed to appraise the debtor's lands, and, instead of selling them, to set them off to the creditor for a term during which the rental will satisfy the judgment. Hackett … [Read more...]
EXPROMITTERE
In the civil law. To undertake for another, with the view of becoming liable in his place. Calvin. … [Read more...]
EXTENT IN AID
English practice. An exchequer process, formerly much used, and now liable to be abused. … [Read more...]
EXPROMMISSOR
civil law. By this term is understood the person who alone becomes bound for the debt of another, whether the latter were obligated or not. He differs from a surety, who is bound together with his principal. … [Read more...]