Definition of Catholic Creditor

Advertisement
Definitions from Black's Law Dictionary: 2nd Edition and Ballentine's Law Dictionary as are available for each term in each dictionary.
  • Catholic creditor
    Ballentine's Law Dictionary

    (Scotch) One whose debt is secured by more than one property of the debtor. Catholic emancipation act. A statute passed in 1829 relieving Roman Catholics from the disability of holding civil and military offices.

  • Catholic Creditor
    Black's Law Dictionary: 2nd Edition

    In Scotch law. A creditor whose debt is secured on all or several distinct parts of the debtor's property. Bell.