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Subordination

Law SubmissionSubornation of perjury

Subordination
(n) Subordination is the acceptance of new charges, claims or mortgages on a property held by the lender in priority to the claim, charge or mortgage held by him on that property.

 


Subordination:
To be subject to the orders or direction of another; of lower rank.

Subordination: A lien or claim that is weaker than another lien or claim, and admittedly will be honored only after the stronger lien or claim has been satisfied.

Subordination Agreement
An agreement establishing the priority of payment of claims, whereby a creditor may agree that claims of other creditors are discharged before payment is made to the subordinated creditor.

subordination
n. allowing a debt or claim which has priority to take second position behind another debt, particularly a new loan.

Insubordination definition:
Willful failure to obey a supervisor's lawful orders.
Employment law: a willful failure to obey a supervisor or an employer's lawful orders.

Subordination agreement
Definition - Noun
: an agreement by which one party subordinates its claim to that of another
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Subordination
Sham Transaction
Subordination Non-Disturbance and Attornment Agreement ...

And from these, digested in their proper rank and subordination, to draw out one uniform law of the church is the purport of this book.

United States (1919), defendants were convicted under the 1917 Espionage Act of conspiring to cause and attempting to cause insubordination in the armed forces as well as obstructing the recruitment and enlistment of members of the armed services ...

(q. v.) The object of this code, or body of regulations is to, maintain that order and discipline, the fundamental principles of which are a due obedience of the several ranks to their proper officers, a subordination of each rank to their superiors, ...

It was also the procedure for making a will, for the passing of a woman into marital subordination, for bringing people into bondage for the purpose of adoption or emancipation, or as the result of a noxal action.

See also: Nation, Term, State, Were, Law

Law SubmissionSubornation of perjury

 
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