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Revival |
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revival n. 1) requesting a court to reinstate the force of an old judgment. 2) reinstating a contract or debt by a new agreement after the right to demand performance or collect has expired under the statute of limitations (the time to sue). REVIVAL, contracts. An agreement to renew the legal obligation of a just debt, after it has been barred by the act of limitation or lapse of time, is called its revival. Vide Promise. REVIVAL, practice. The act by which a judgment, which has lain dormant or without any action upon it for a year and a day is, at common law, again restored to its original force. |
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