988,679,670 visitors served.
988,679,670 visitors served. |
|
 Dictionary/ thesaurus |  Medical dictionary |  Legal dictionary |  Financial dictionary |  Acronyms |  Idioms |  Encyclopedia |  Wikipedia encyclopedia | ? |
Chose in Action |
Also found in: Dictionary/thesaurus, Wikipedia | 0.04 sec. |
|
The right to bring a lawsuit to recover chattels, money, or a debt. A chose in action is a comprehensive term used to describe a property right or the right to possession of something that can only be obtained or enforced through legal action. It is used in contradistinction to chose in possession, which refers to cases where title to money or property is in one person but possession is held by another. Examples of a chose in action are the right of an heir to interest in the estate of his or her decedent; the right to sue for damages for an injury; and the right of an employee to unpaid wages. |
|
? References in periodicals archive |
|---|
Restatement (Second) of Agency, [section]13, Comment b, and [section]14G, Comment a (an agency relationship is created when a principal assigns a chose in action to an assignee for collection and grants the assignee a security interest in the claim against the assignor's debtor, to compensate the assignee for his or her collection efforts). |
 |
| Free Tools: |
For surfers:
Browser extension |
Word of the Day |
Help
For webmasters: Free content NEW! | Linking | Lookup box | Double-click lookup | Partner with us |
|
|---|
Disclaimer |
Privacy policy |
Feedback | Copyright © 2008 Farlex, Inc.
Printer friendly
Cite / link
Email
Feedback
Add definition
Chose in Action
