poinding

poinding
(pronounced 'pinding') in the Scots law of diligence or legal enforcement, after a charge has expired without payment, sheriff officers or messengers at arms will attend the debtor's premises and make up a schedule listing goods and valuing them to a sum sufficient to cover the debt expenses and the expenses of the poinding. If payment is not made, application is made to the court for a warrant to sell the goods. Certain household goods are excluded, as are tools of a trade and articles for the care and upbringing of children – food, beds and the like. Radical reform is planned by the Scottish Parliament.

Collins dictionary of law. . 2001.

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  • Poinding — NOTOC DefinitionPoinding (Scots law) : that diligence whereby a debtor s property is carried directly to a creditor. There are two types: * Personal The taking of movable property (eg, wagons, livestock; but not property such as a house because… …   Wikipedia

  • poinding of the ground — (pronounced pinding ) in the Scots law of diligence or legal enforcement, a procedure for attaching moveable property. It can be exercised only by a creditor holding a heritable security. Collins dictionary of law. W. J. Stewart. 2001 …   Law dictionary

  • poinding — n. seizure, repossession, foreclosure (Scottish) v. repossess, seize, foreclose (Scottish) …   English contemporary dictionary

  • poinding — A distress; an attachment of goods …   Ballentine's law dictionary

  • poinding — noun ( s) Etymology: Middle English punding, gerund of punden to poind Scots law : a process by which a creditor seizes movable property so as to become vested with its title and the right of sale or appropriation in satisfaction of a debt * * *… …   Useful english dictionary

  • schedule of poinding — See poinding. Collins dictionary of law. W. J. Stewart. 2001 …   Law dictionary

  • multiple poinding — (pronounced multiple pinding) a procedure in Scots law whereby all parties who may be claiming an interest in a given fund, called the fund in medio, can be convened together so that all pleas may be argued in the one process. Collins dictionary… …   Law dictionary

  • action for poinding — /aekshan for pindit)/ An action by a creditor to obtain a sequestration of the rents of land and the goods of his debtor for the satisfaction of his debt, or to enforce a distress …   Black's law dictionary

  • action for poinding — /aekshan for pindit)/ An action by a creditor to obtain a sequestration of the rents of land and the goods of his debtor for the satisfaction of his debt, or to enforce a distress …   Black's law dictionary

  • multiple poinding — Double distress,–a Scotch proceeding akin to the modern interpleader, whereby a person in possession of money or goods may have the same distributed to the various claimants who are entitled thereto …   Ballentine's law dictionary

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