Glossary

List of glossary items

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  • The final day on which creditors can submit claim and vote forms for a debt agreement proposal to the Official Receiver.

  • A law or body of laws formally made or enacted. The term includes statute law or Acts of Parliament, but also encompasses law made by other bodies under the authority of Parliament.

  • An obligation or responsibility to do something (such as repay a debt).

  • Debts or damages where the amount payable has been fixed or is otherwise certain. Admitting liability for an amount being claimed as a debt or damages does not, of itself, necessarily mean that debt or those damages are liquidated.