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

    (Spanish) An insolvent’s surrender of property to creditors.

  • Black's Law Dictionary: 2nd Edition

    In Spanlsh law. Surrender; release; abandonment; e. g., the act of an inselvent in surrendering his property for the benefit of his creditors, of an heir in renouncing the succession, the abandonment of insured property to the underwriters.