Assets

Property available for debts or mains: assets in hand, property which hands of the executor or trustee for the sets per discent: property which goes with the ancestor's specialty debts swearing the peace with some practising himself to practice. artioulo mortis: at the the Stat. 28 Edw. ploughing. be understood. ancient demesne; in civil he carried away. trees by the roots, clear cleared land. physical injury to another, or apparent power to inassaie: an assay, an exami-; to confirm. Assethree or more persons to legacies. Assets entre comes at once into the payment of debts. Asto the heir, chargeable otherwise called real only through a court of equity. Legal assets: those in the hands of the executor or administrator, which may be reached in an action at law. Marshalling of assets: an equitable doctrine, by which, when there are two classes of assets and some creditors can enforce their claims against both and others against only one, the former class of creditors are compelled to exhaust the assets against which they alone have a claim before having recourse to the other assets. Thus providing for the settlement of as many claims as possible. Assignatus utitur jure auctoris: an assignee enjoys the rights of his principal [assignor].