Release


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Release

Relieve party to a trade of any previously made obligation concerning that trade, hence allowing the would-be transactor to show the inquiry/order to a new broker.

Release

Written statement by a creditor to the effect that a debtor has either paid off the debt or the debt is otherwise discharged. A creditor may release a lien if the loan has been paid or if other collateral has been offered. Most mortgages contain release clauses indicating under what circumstances the borrower obtains release from the mortgage lien.

release

See release of lien.

References in periodicals archive ?
Relying on the language contained in the release, particularly the word "agent," the engineer moved to dismiss the contractor's action by claiming that the engineer was the "agent" of the owner.
The quotable sentence is a necessary part of such a release precisely because everyone else is condemning terrorists and supporting democracy.
We guarantee customers using the Alderox[R] ASA-12[R] asphalt release product with a robotic applicator will realize significant savings over the use of any other release agent product on the market.
Pationic 909 and 919 very fine beads are beneficial in rotational-molding applications by aiding in mold release and effective blending of pigments and colorants.
The first ranks model results according to pounds of chemicals that individual facilities release annually.
Courts generally afford employers an absolute privilege from defamation liability for disclosing employment information within the scope of a release agreement because a job applicant ".
3 Outside release, get even with defender; don't get pushed outside.
An injection of glucose into the bloodstream -- creating bloodglucose concentrations comparable to what might occur after a meal--was sufficient to double the implant's insulin release rate, Langer says.
For example, a shipping company can post an Excel spreadsheet of all deliveries on its extranet and whenever data changes in BusinessObjects XI Release 2, information in the spreadsheet is automatically updated and distributed to authorized users.
Supervisor Zev Yaroslavsky said he was pleased with Baca's decision to delay the inmate release, although he accused the sheriff of using ``political gamesmanship'' to wring more money out of the county.
The 14 victims sustained a total of 18 injuries or symptoms, but most victims (71%) suffered only one injury or symptom as a result of a mercury release.