Lift
Defined in 3 dictionaries — Black's (1910), Black's (1891), Anderson (1889)
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
To raise; to take up. To "lift" a promissory note is to discharge its obligation by paying its amount or substituting another evidence of debt. To "lift the bar" of the statute of limitations or of an estoppel, is to remove the obstruction which it interposes, by seme sufficient act or acknowledgment.
A Dictionary of Law
Henry Campbell Black · 1891
To raise; to take up. To “lift” 4a promissory note is to discharge its obligatien by paying its amount or substituting another evidence of debt. To “lift the bar” of the statute of limitations, or of an estoppel, is fo remove the obstruction which it interposes, by some sufficient act or acknowledgment,
A Dictionary of Law
William C. Anderson · 1889
A promissory note is said to be lifted when any person liable upon it pays it or substitutes another obligation for it. LICrAK. Goods sunk in the sea, but tied to a buoy that they may be found again. 3 Compare Flotsam; Jettison.