from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. A creditor's voluntary surcease of personal execution in behalf of a debtor.
from The Century Dictionary and Cyclopedia
- n. In Scots law: A private agreement among creditors, under a trust-deed and accession, that they will supersede or sist diligence for a certain period.
- n. A judicial act by which the court, where it sees cause, grants a debtor protection against diligence, without consent of the creditors.