legal deposit of property to discharge debt
Tone colorsmāmámǎmàma
Meanings
1 sense · 3 examplesverb
to deposit (property or money with a court or authority to discharge a debt when the creditor is unable or unwilling to accept performance)
formalA legal term in civil law used when the creditor refuses acceptance, is unknown, lacks capacity, or has died without a known heir. The deposited property is released to the creditor when conditions are met, and the risk of damage or loss transfers to the creditor upon deposit.
Yóu由
yú于
zhài债
quán权
rén人
xià下
luò落
bù不
míng明
，
zhài债
wù务
rén人
zhǐ只
néng能
jiāng将
kuǎn款
xiàng项
tí提
cún存
zhì至
gōng公
zhèng证
jī机
guān关
。
Since the creditor's whereabouts were unknown, the debtor had to deposit the funds with a notary office.
Biāo标
de的
wù物
tí提
cún存
hòu后
，
huǐ毁
sǔn损
、
miè灭
shī失
de的
fēng风
xiǎn险
yóu由
zhài债
quán权
rén人
chéng承
dān担
。
After the subject matter is deposited, the risk of damage or loss is borne by the creditor.
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Zhài债
wù务
rén人
yǐ已
jiāng将
huò货
wù物
tí提
cún存
zhì至
fǎ法
yuàn院
zhǐ指
dìng定
de的
yín银
háng行
bǎo保
guǎn管
。
The debtor has deposited the goods with the bank designated by the court for safekeeping.