specialty


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Specialty

A contract under seal.

A specialty is a written document that has been sealed and delivered and is given as security for the payment of a specifically indicated debt. The term specialty debt is used in reference to a debt that is acknowledged to be due by an instrument under seal.

specialty

(Contract), noun agreement, arrangement, bargain under seal, bond, commitment, compact, contractual obligation, contractual statement, covenant, covenant of indemnity, debenture, engagement, guaranty, hypothecation, indenture, legal agreement, obligation, pact, pledge, pledged word, promise under seal, security, stipulation, understanding, undertaking, warranty
Associated concepts: specialty debts, suit upon a specialty

specialty

(Distinctive mark), noun attribute, badge, brand, character, characteristic, definiteness, dissimilarity, distinction, distinctive feature, distinctness, dominant characteristic, earmark, eccentricity, feature, idiosyncrasy, impress, inconsistency, individualism, mannerism, mark, oddity, particular characceristic, particular item, particular matter, particular point, particularity, peculiar idiom, peculiar temperament, personal characteristic, point of difference, quality, quirk, rarity, singularity, special characterissic, special item, special matter, special point, specific quality, specificness, stamp, token, trait, uniqueness

specialty

(Special aptitude), noun ability, adeptness, aptness, artistry, calling, capability, competence, craft, dexterity, endowment, expertise, expertness, faculty, forte, function, genius, handicraft, innorn aptitude, ingenuity, innate ability, knowledge, main interest, mastership, mastery, natural ability, object of study, occupation, particular object of pursuit, proficiency, pursuit, qualification, skill, skillfulness, special line of work, special project, special skill, special study, specialization, strong point, talent, task, technique, virtuosity, vocation
See also: bailiwick, business, caliber, calling, capacity, career, characteristic, department, employment, feature, identity, individuality, merchandise, occupation, penchant, position, practice, profession, province, pursuit, sphere, trade, trait, work

SPECIALTY, contracts. A writing sealed and delivered, containing some agreement. 2 Serg. & Rawle, 503; 1 Binn. Rep. 261; Willes, 189; 1 P. Wms. 130. In a more confined meaning, it signifies a writing sealed and delivered, which is given as a security for the payment of a debt, in which such debt is particularly specified. Bac. Ab. Obligation, A.
     2. Although in the body of the writing it is not said, that the parties have set their hands and seals, yet if the instrument be really sealed it is a specialty, and if it be not sealed, it is not a specialty, although the parties in the body of the writing make mention of a seal. 2 Serg. & Rawle, 504; 2 Rep. 5 a; Perk. Sec. 129. Vide Bond; Debt; Obligation.

References in classic literature ?
He was in the gentlemen's furnishing line, and his missionarying specialty was plug hats.
They go to the university to put a mansard roof on their whole general education; but the German student already has his mansard roof, so he goes there to add a steeple in the nature of some specialty, such as a particular branch of law, or diseases of the eye, or special study of the ancient Gothic tongues.
Levin was just about to enter into conversation with the old waiter, when the secretary of the court of wardship, a little old man whose specialty it was to know all the noblemen of the province by name and patronymic, drew him away.
They pay me ten cents a dozen more than the market price, because my specialty is one-day eggs.
In the first place, you've three times the brains he has; in the second, if you are not mad, you needn't care a hang that he has got such a wild idea; and thirdly, that piece of beef whose specialty is surgery has gone mad on mental diseases, and what's brought him to this conclusion about you was your conversation to-day with Zametov.
com announces that a new market research report is available in its catalogue: World Specialty Silicas Market
Most specialty drugs treat chronic or complex illnesses that affect less than 3% of the general population, but they come with a significant price tag--these patients account for 25% to 30% of a company's overall medical costs.
Franklin Industrial Minerals, Specialty Products Div.
Papermakers (in the broadest sense of the word) have a love/hate relationship with specialty papers.
By combining the benefits of this lean manufacturing approach with its value-added services, customers such as Caterpillar, General Motors (GM), John Deere, Mercury Marine and Bosch have turned to Stahl Specialty as their complete answer for finished cast components.
Interdisciplinarity must, at the very least, involve the use of the knowledge and skill involved in two specialties from different disciplines, and for the moment we will assume that the interesting cases are those involving the application of expertise in the two specialties, not an insider's knowledge of one specialty and an outsider's knowledge of a second.
A recent out-of-court settlement involving the Sisters of Mercy Health System (SMHS) provides some guidance, at least with respect to one antitrust enforcer's position, on the question of whether there is a ceiling on the percentage of physicians in a particular specialty that hospitals or payers can acquire without violating the antitrust laws.