Burlingham Associates Inc - M - Bankruptcy / Proposal / Financial Glossary

Bankruptcy / Proposal / Financial Glossary

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There are 5 entries in the glossary.
Pages: 1
Term	Definition
maintenance	The obligation that one person has to contribute in part or in whole to the cost of living of another person.

mediation	An alternate dispute mechanism whereby the mediator acts as a facilitator assisting the parties in coming to a mutually agreed settlement. Under the Bankruptcy and Insolvency Act, mediation can be used, for example, if a creditor or the Trustee opposes a bankrupt's discharge.

Misappropriation of Funds	The wrongful taking of funds by a person to whom funds are entrusted.

misrepresentation	To describe or present incorrectly, improperly or falsely.

mortgage	An interest given on real property to guarantee the payment of a debt or execution of some action.

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Glossary V2.0