Maryland Code > COURTS AND JUDICIAL PROCEEDINGS > Title 11 – Judgments
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Terms Used In Maryland Code > COURTS AND JUDICIAL PROCEEDINGS > Title 11 - Judgments
- Administrator: includes an executor and a personal representative. See
- Appraisal: A determination of property value.
- Dependent: A person dependent for support upon another.
- Docket: A log containing brief entries of court proceedings.
- Donor: The person who makes a gift.
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
- Grace period: The number of days you'll have to pay your bill for purchases in full without triggering a finance charge. Source: Federal Reserve
- Grantor: The person who establishes a trust and places property into it.
- Interrogatories: Written questions asked by one party of an opposing party, who must answer them in writing under oath; a discovery device in a lawsuit.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
- Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
- National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
- Plaintiff: The person who files the complaint in a civil lawsuit.
- Venue: The geographical location in which a case is tried.
- Verdict: The decision of a petit jury or a judge.