Definitions and Terminology


We have taken the liberty of defining certain terminologies commonly used in Insolvency Law in a short, straight forward manner. Merely click on a letter from the alphabet and then move your cursor with your mouse over the specific word - the definition will appear as a pop-up.


A B C D E F G H I J K L M N O P Q R S T U V W X Y Z



A

Assets

B

Bankruptcy

Bankruptcy Application

C

Concurrent Creditors

Creditor

D

Debtor

Dividend

E

No words listed under this category.

F

Forced Sequestrations

Free residue

G

No words listed under this category.

H

No words listed under this category.

I

Immovable property

Insolvency

Insolvency Law

Insolvent

Insolvent Estate

J

No words listed under this category.

K

No words listed under this category.

L

Legal entity

M

Master

Movable property

N

No words listed under this category.

O

No words listed under this category.

P

Preference

Preferent Claim

Property

Q

No words listed under this category.

R

No words listed under this category.

S

Salary forfeiture

Secured Asset

Secured Claim

Secured creditors

Security

Sequestration order

T

No words listed under this category.

U

Unsecured Assets

V

No words listed under this category.

W

No words listed under this category.

X

No words listed under this category.

Y

No words listed under this category.

Z

No words listed under this category.

Please take note that all the words and phrases are defined in relation to their meaning in terms of the Insolvency Act only, in an attempt to clarify their specific meaning as such, with regards to the published articles on this website.

We will continue to extend our list form time to time, so please visit this page again. In the meanwhile, feel free to send us an e-mail to This e-mail address is being protected from spambots. You need JavaScript enabled to view it if you have any suggestions regarding our definitions of these words and phrases, or any suggestions of words that should be added. We will review your suggestions and if approved, will add or alter the definitions.