Nova Debita Law and Legal Definition
Nova Debita is a Latin expression used to denote new debts. It is the debt newly, presently, or recently contracted, as opposed to prior debt. The payment of a nova debita although contracted within sixty days before bankruptcy are not struck down by a subsequent confiscation. However, a security granted by a debtor within sixty days of his bankruptcy for a prior debt has a fraudulent inclination.
Legal Definition list
Related Legal Terms
- Center for Court Innovation
- Center of Innovation for Media, Conflict and Peacebuilding [USIP]
- Center of Innovation for Science, Technology and Peacebuilding [USIP]
- Centers of Innovation [USIP]
- Debita Laicorum
- Feuda Nova
- Gender and Peacebuilding Center of Innovation [USIP]
- Indebitatus Assumpsit
- Innovation
- Innovation Grants
