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sum certain

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 292 U.S. 487 - Burns Mortgage Co. v. Fried · 1934Most cited · 123 citing opinions

The sum payable is a sum certain within the meaning of this act, although it is to be paid: (1) With interest; or (2) By stated instalments; or (3) By stated instalments, with a provision that upon default in payment of any instalment or of interest, the whole shall become due.