DebtAn obligation to repay a sum of principal, plus interest. In corporate terms, debt often refers to bonds or similar securities.
DecreeAn order of the court. A final decree is one that fully and finally disposes of the litigation. See interlocutory.
DefaultDefault occurs when a debtor is unable to meet the legal obligation of debt repayment, one form of which is the failure to promptly pay interest or…
DefendantAn individual (or business) against whom a lawsuit is filed.
DepositionAn oral statement made before an officer authorized by law to administer oaths.
DiscoveryThis is when the Court orders each party (each side) to give each other information about the facts before the trial, to avoid surprise.
DissolutionThe termination; process of dissolving or winding up something.