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

    (French) An assignment for the benefit of one’s creditors.

  • Black's Law Dictionary: 2nd Edition

    In French law. The surrender which a debtor makes of all his goods to his creditors, when he finds himself in insolvent circumstances. It is of two kinds, either voluntary or compulsory, (judiciaire,) corresponding very nearly to liquidation by arrangement and bankruptcy in English and American law.