TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

JUGEMENT ORDONNANT PAIEMENT DIFFERENTIEL [1 record]

Record 1 2003-06-18

English

Subject field(s)
  • Decisions (Practice and Procedural Law)
DEF

A court ruling in a foreclosure proceeding in favor of a lender, given when the security pledge for a loan does not satisfy the debt upon his default, which permits the lender to attach all the borrower's, endorser's, or grantor's assets to pay the difference between the amount owed and the proceeds from the sale of the mortgaged property.

French

Domaine(s)
  • Décisions (Droit judiciaire)
DEF

Jugement condamnant le débiteur hypothécaire ou gagiste, à acquitter la différence entre le montant de sa dette et le produit du bien réalisé.

Spanish

Campo(s) temático(s)
  • Decisiones (Derecho procesal)
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