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specialty

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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.



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