Due and owing
Term · Law · MLC-T-LAW-001769
A legal phrase indicating that a debt or obligation is both currently payable and has not yet been satisfied. This signifies that the amount is immediately collectible and remains outstanding. It is commonly used in legal complaints and demands for payment to assert a present and unsatisfied financial claim.
| Identifier | MLC-T-LAW-001769 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-001769",
"term": "Due and owing",
"field": "Law",
"definition": "A legal phrase indicating that a debt or obligation is both currently payable and has not yet been satisfied. This signifies that the amount is immediately collectible and remains outstanding. It is commonly used in legal complaints and demands for payment to assert a present and unsatisfied financial claim.",
"url": "https://mlchart.com/terminology/law/due-and-owing/"
}
Record 1,651 of 5,441 in Law terminology (MLC-0107). Request the full dataset.