secondary party

secondary party
n.
A person who is responsible for paying a debt if the original debtor fails to; a person who has secondary liability for a debt.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • secondary party — A party to an instrument but under a secondary liability. A guaranty of payment endorsed on a note, while creating an absolute obligation to pay, does not make the guarantor a primary party, and since his liability is secondary, he is released by …   Ballentine's law dictionary

  • Secondary liability — Secondary liability, or indirect infringement, arises when a party materially contributes to, facilitates, induces, or is otherwise responsible for directly infringing acts carried out by another party. The US has statutorily codified secondary… …   Wikipedia

  • Secondary research — (also known as desk research) involves the summary, collation and/or synthesis of existing research rather than primary research, where data is collected from, for example, research subjects or experiments.[1] The term is widely used in medical… …   Wikipedia

  • Secondary characters in Calvin and Hobbes — Bill Watterson s comic strip Calvin and Hobbes features a wide range of secondary characters. These range from his fellow students at school to monsters and aliens from Calvin s vivid imagination. Contents 1 Calvin s family 1.1 Calvin s father… …   Wikipedia

  • Secondary mandate — The secondary mandate is a proposed system for indirectly electing the UK parliament s second chamber, as espoused by singer songwriter activist Billy Bragg.The Secondary Mandate works by counting up the first past the post General Election votes …   Wikipedia

  • Secondary Liability — A type of legal obligation where one party assumes legal responsibility for the actions of another party. There are essentially two types of secondary liability: vicarious liability and contributory liability. Vicarious liability exists under the …   Investment dictionary

  • secondary liability — noun The legal responsibility arising when a party materially contributes to, facilitates, induces or is otherwise responsible for directly infringing acts carried out by another party. Syn: indirect infringement …   Wiktionary

  • secondary picketing —    The picketing of firms not themselves party to an industrial dispute, banned by the Conservative Government in the Employment Act 1990 …   Glossary of UK Government and Politics

  • secondary evidence — Evidence which is not the primary or best evidence of which the case is susceptible. Evidence admissible of necessity, although not primary evidence, because of the impossibility of producing the primary evidence, as where an instrument pertinent …   Ballentine's law dictionary

  • Communist Party of Indonesia (Red) — Partai Komunis Indonesia (merah) Chairman Mohamad Djoni Secretary Amir Hoesin Founded March 8, 1947 (1947 03 08) …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”