payments applied by priority
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 22 U.S. 720 - United States v. Kirkpatrick · 1824Most cited · 417 citing opinions
running account
In cases like the present, of long and running accounts, where debits and credits are perpetually occurring, and no balances are otherwise adjusted than for the mere purpose of making rests, we are of opinion, that payments ought to be applied to extinguish the debts according to the priority of time: so that the credits are to be deemed payments pro tanto of the debts antecedently due.
How often courts cite the case defining “payments applied by priority”
Court decisions citing the opinion that defined “payments applied by priority” — 417 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.