contractual claim

contractual claim
An amount that by legal agreement must be paid periodically to the buyer of a security; contractual claim may also specify the time at which the principal must be repaid and other details. Bloomberg Financial Dictionary

Financial and business terms. 2012.

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  • claim — n [Old French, from clamer to call, claim, from Latin clamare to shout, proclaim] 1 a: a demand for something (as money) due or believed to be due; specif: a demand for a benefit (as under the workers compensation law) or contractual payment (as… …   Law dictionary

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  • Contractual rights — A contractual right is a claim, on other persons, that is acknowledged and perhaps reciprocated among the principals associated with that claim. Specialized contractual rights exist as part of a contract or agreement between persons to whom these …   Wikipedia

  • contractual intermediary — Holder of an indirect claim through a legal agreement that specifies that the individual must make periodic ( periodic payments), fixed payments to the intermediary in exchange for the right to receive payments from the intermediary in the future …   Financial and business terms

  • impaired claim — The modification of the prepetition contractual rights of a claim pursuant to the terms of a plan of reorganization (SA Bankruptcy.com) United Glossary of Bankruptcy Terms 2012 …   Glossary of Bankruptcy

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  • DAVID — (Heb. דָּוִד), youngest son of Jesse of the Ephrathite family that lived in Beth Lehem in Judah (I Sam. 16:1; 20:27–28; I Chron. 2:13–15; cf. Micah 5:1). In the Bible SOURCES I Samuel 16–II Kings 2 is our main source for David, supplemented by I… …   Encyclopedia of Judaism

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