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Bill Penal

Defined in 5 dictionaries — Cyclopedic (1922), Ballentine's (1916), Bouvier (1914), Black's (1910), Black's (1891)

The Cyclopedic Law Dictionary

Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

In contracts. A written obligation, by which a debtor acknowledges himself indebted in a certain sum, and binds himself for the payment thereof in a larger sum. Bonds with conditions have superseded such bills in modern practice. Steph. PI. 265, note. They are sometimes called "bills obligatory," and are properly so called, but every bill obligatory is not a bill penal. Comyn, Dig. "Obligations" (D); Cro. Car. 515. See 2 Vent. 106, 198.

Ballentine's Law Dictionary

James A. Ballentine · 1916

A written promise to pay more than one’s debt.

Bouvier's Law Dictionary and Concise Encyclopedia

John Bouvier; revised by Francis Rawle · 1914

A written obligation by which a debtor acknowledges himself indebted in a certain sum, and binds himself for the payment thereof, in a larger sum. - Bonds with conditions have superseded such bills in modern practice; Steph. PI. 265, n. They are sometimes called bills obligatory, and are properly so called; but every bill obligatory is not a bill penal; Comyns, Dig. Obligations, D.; Cro. Car. 515. See 2 Ventr. 106, 198.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

A written obligation by which a debtor acknowledges himself indebted in a certain sum, and binds himself for the payment thereof, in a larger sum, called a "penalty."

Defined under Bill in Black's Law Dictionary.

A Dictionary of Law

Henry Campbell Black · 1891

In contracts. A written obligation by which a debter acknowledges himself indebted in a certain sum, and binds himself fur the payment thereof, in a larger sum, called a “penilty.”