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The seizure and holding of property as security for payment of a debt or satisfaction of a claim
Answer for the clue "The seizure and holding of property as security for payment of a debt or satisfaction of a claim ", 9 letters:
distraint
Word definitions for distraint in dictionaries
The Collaborative International Dictionary
Word definitions in The Collaborative International Dictionary
Distraint \Dis*traint"\, n. [OF. destrainte distress, force.] (Law) The act or proceeding of seizing personal property by distress. --Abbott. [1913 Webster] ||
WordNet
Word definitions in WordNet
n. the seizure and holding of property as security for payment of a debt or satisfaction of a claim; "Originally distress was a landloard's remedy against a tenant for unpaid rents or property damage but now the landlord is given a landlord's lien" [syn: ...
Wikipedia
Word definitions in Wikipedia
Distraint or distress is "the seizure of someone’s property in order to obtain payment of rent or other money owed", especially in common law countries. Distraint is the act or process "whereby a person (the distrainor ), traditionally even without prior ...
Wiktionary
Word definitions in Wiktionary
n. (context legal English) The legal right of a landlord to seize the property of a tenant in the event of nonpayment of rent
Usage examples of distraint.
On the related charge of distraint, where the distress is lawful it is well established that the distrainer is obliged to feed and care for the animal which stands uncontested in this action and only in the event of his negligence will he be held liable (Kelly v.
A trail of distraints, imprisonments, floggings and hangings marked the course by which he advanced upon his enemy.