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Vietnamese

Từ vựng:

writ of elegit

Giải nghĩa:

/ˈrɪt əv ˈɛlɪdʒɪt/ – Phrase


Definition: lệnh của tòa án ủy quyền cho chủ nợ chiếm giữ tài sản của con nợ cho đến khi thanh toán xong nợ.

A more thorough explanation: A writ of elegit is a legal remedy that allows a judgment creditor to obtain a court order directing the sheriff to seize and sell the debtor’s property in order to satisfy a debt. The writ of elegit gives the creditor the option to take either a portion of the debtor’s land or the full value of the debt in money.

Example: The court issued a writ of elegit, allowing the creditor to seize the debtor’s property to satisfy the outstanding debt.

 

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